Retirement plan

SACRAMENTO NATIVE AMERICAN HEALTH CENTER 403(B) PLAN

Name: SACRAMENTO NATIVE AMERICAN HEALTH CENTER - SACRAMENTO NATIVE AMERICAN HEALTH CENTER 403(B) PLAN (2020) Form 5500
Creator: SACRAMENTO NATIVE AMERICAN HEALTH CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SACRAMENTO NATIVE AMERICAN HEALTH CENTER 403(B) PLAN, SACRAMENTO NATIVE AMERICAN HEALTH CENTER

SACRAMENTO NATIVE AMERICAN HEALTH CENTEREIN 20-4287737Plan #001PY 2020

2020 J STREET - SACRAMENTO, CA 95811916-341-0575snahc.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$3.2M

+38.2% from 2019

Total participants

317

+17.8% from 2019

Average account balance

$10,354

+16.5% from 2019

Annual return

24.03%

-17.68 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$6.35M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$14K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

440

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

81.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.14M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.09%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$153

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.3 years Filed as: NEWPORT GROUP, INC Service code 15 · EIN 27-2037969 35 IRON POINT CIRCLE · FOLSOM, CA 95630	Recordkeeping	$31,018

Plan features & details

Pension benefit codes2L2K2G

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$31K

$167 / participant

Contract admin$31K100.0%

% of EOY assets

0.984%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GILBERT CPAS
Auditor EIN: 680037990
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,354

$58,888-82.4%

$178,499-94.2%

$73,493-85.9%

Participation rate

93.5%

66.2%+27.3pp

81.9%+11.6pp

70.7%+22.9pp

Annual return

24.03%

24.86%-0.8pp

151.10%-127.1pp

28.51%-4.5pp

Employer contribution / active EE

$1,469

$2,236-34.3%

$5,011-70.7%

$2,270-35.3%

Participant deferral / active EE

$2,445

$2,568-4.8%

$5,202-53.0%

$3,740-34.6%

Admin fee / account holder

$102

$400-74.6%

$13,986-99.3%

$513-80.1%

Provider

Service type

Compensation

NEWPORT GROUP, INC.3 years

Filed as: NEWPORT GROUP, INC

Service code 15 · EIN 27-2037969

35 IRON POINT CIRCLE · FOLSOM, CA 95630

Recordkeeping

$31,018

SACRAMENTO NATIVE AMERICAN HEALTH CENTER 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SACRAMENTO NATIVE AMERICAN HEALTH CENTER 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion