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Retirement plan

MILLS PENINSULA RETIREMENT SAVINGS PLAN

SUTTER HEALTHEIN 94-2788907Plan #335PY 2023
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2200 RIVER PLAZA DRIVE - SACRAMENTO, CA 958334134916-887-7232sutterhealth.orgLinkedIn10001+ employeeshospital & health care
Other plans on this EIN
6 filings
#337Retirement-$6.53B assets#333Retirement-$5.92B assets#334Retirement-$752.5M assets#338Retirement-$167.4M assets#002Retirement-$162.5M assets#339Retirement-$61.7M assets
Prospect flagsLow returnsHigh feesWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(916) 887-7232
Plan administrator signer
VICTORIA FLEMMING
Signed 10/09/2024
How to read this page

Summary metrics

Total assets (EOY)
$1.3M
+16.0% from 2016
Total participants
38
+8.6% from 2016
Average account balance
$35,005
+6.8% from 2016
Annual return
10.62%
-2.76 pp from 2016

Benchmarks

See 107,925 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants<25
Cohort107,925 peers
Snapshot2023
Participant deferral / active EE
$0
median $5,301
Employer contribution / active EE
$0
median $2,498
Participation rate
100.0%
median 100.0%
Avg account balance
$35,005
median $75,383
Admin fee / account holder
$3,513
median $627
Annual return
10.62%
median 16.19%
Overall peer rank
28th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$1.40M
Average account balance
Total assets / participants with a balance (line 6g)
$40K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
35
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
583.3%
Contributions (total)
Employer and participant dollars contributed each year
Not enough data
0 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+8.09%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$1054
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
Not enough data
0 years with F_SCH_H allocation on file

Service providers

Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Top hat statement on fileNQDC

Filed November 26, 1997 (most recent of 3 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes2C2F2G3D3H
Plan features
  • 2C
    Money purchase plan
    Money purchase pension plan other than a target benefit plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 3D
    Pre-approved pension plan
    A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped
  • OpportunityHigh fees

    Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$133K
$14833 / participant
  • Other / not subdivided$133K100.0%
% of EOY assets
10.036%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
No opinion code on file for this filing.
Auditor firm
(not reported)
Auditor EIN
-
Audit fees
(not subdivided)
Opinion code
-