Retirement plan
SUTTER HEALTH 403(B) MATCH SAVINGS PLAN
SUTTER HEALTHEIN 94-2788907Plan #337PY 2015
2200 RIVER PLAZA DRIVE - SACRAMENTO, CA 95833916-614-2556sutterhealth.orgLinkedIn10001+ employeeshospital & health care
Prospect flagsCorrective distributions
Filing contacts
From the Form 5500, federal recordPlan administrator signer
DIANE SCHNABEL
Signed 10/07/2016
Summary metrics
Total assets (EOY)
$1558.3M
-20.9% from 2016
Total participants
44,620
-7.0% from 2016
Average account balance
$36,852
-14.1% from 2016
Annual return
1.86%
-16.39 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants>=10,000
Cohort182 peers
Snapshot2015
91
Participant deferral / active EE
$5,903
median $2,716
30
Employer contribution / active EE
$623
median $1,045
81
Participation rate
92.9%
median 71.6%
40
Avg account balance
$36,852
median $41,617
91
Admin fee / account holder
$4
median $28
66
Annual return
1.86%
median 1.22%
Overall peer rank
66of 100
66th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$7.63B
Average account balance
Total assets / participants with a balance (line 6g)
$103K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
74,276
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
92.6%
Contributions (total)
Employer and participant dollars contributed each year
$618.56M
Contributions per participant
Average employer and participant contribution per enrolled participant
$10K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+14.66%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$25
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 1 by compensation
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $177,593 |
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.
Plan features & details
Pension benefit codes2F2G2M2S2T3H
Plan features
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2MCode section 403(b)(7) accountsPlan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
1 tripped
- ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
Expense breakdown
Schedule H Part II
Admin total
$178K
$5 / participant
- Other / not subdivided$178K100.0%
% of EOY assets
0.011%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Disclaimer opinion
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
- Auditor firm
- MOSS ADAMS LLP
- Auditor EIN
- 910189318
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer