Retirement plan

STANFORD HEALTH CARE STAFF PENSION PLAN

STANFORD HEALTH CAREEIN 94-6174066Plan #006PY 2023
300 PASTEUR DRIVE, MC 5513 - STANFORD, CA 943055513650-498-5349LinkedIn51-200 employeesmedical practice
Prospect flagsHigh retiree %

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
DIANA JANIS
Signed 08/02/2024
(650) 498-5349
Plan administrator signer
MARGARET WILSON
Signed 08/05/2024

Summary metrics

Total assets (EOY)
$135.9M
-0.5% from 2016
Total participants
1,545
+1.4% from 2016
Average account balance
$0
No prior year
Annual return
6.03%
-7.38 pp from 2016

Benchmarks

Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants100-249
Cohort163 peers
Snapshot2023
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$28,102
median $10,484
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $185,041
Admin fee / account holder
$0
median $28,548
Annual return
6.03%
median 9.16%
Overall peer rank
47th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$88K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,408
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$3.85M
Contributions per participant
Average employer and participant contribution per enrolled participant
$28K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-1.90%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 3 by compensation
ProviderService typeCompensation
MERCER9+ years
Service code 11 · EIN 13-2834414
Actuarial
$1,352,454
Service code 21 · EIN 23-2186884
Bank Trustee
$109,863
MOSS ADAMS9+ years
Service code 10 · EIN 91-0189318
Accounting
$33,500

Enrolled actuary

1 attachment
SB

JAMIE SLOAT

MERCER
Enrollment #2308420
1225 17TH STREET
SUITE 1300
DENVER, CO 802025534
(303) 376-5978
Signed 2024-07-31

Top hat statement on fileNQDC

Filed April 25, 2011 (most recent of 2 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 codes1A3H1I
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1I
    Frozen plan
    As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
  • 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

1 tripped
  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$2.3M
$16906 / participant
  • Investment mgmt$76K3.3%
  • Actuarial$2M82.8%
  • Other trustee fees$34K1.5%
  • Other / not subdivided$289K12.5%
% of EOY assets
1.704%
all-in expense ratio
Categories reported
3 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
MOSS ADAMS
Auditor EIN
910189318
Audit fees
$33,500
Opinion code
Unqualified