Retirement plan

CITY OF HOPE MEDICAL GROUP 401K RETIREMENT SAVINGS PLAN

Name: CITY OF HOPE MEDICAL GROUP, INC. - CITY OF HOPE MEDICAL GROUP 401K RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: CITY OF HOPE MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CITY OF HOPE MEDICAL GROUP 401K RETIREMENT SAVINGS PLAN, CITY OF HOPE MEDICAL GROUP, INC.

CITY OF HOPE MEDICAL GROUP, INC.EIN 27-2294296Plan #001PY 2017

1500 EAST DUARTE ROAD - DUARTE, CA 91010626-775-3200

Prospect flagsHigh assets / participantFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$131.9M

-21.2% from 2016

Total participants

346

-14.5% from 2016

Average account balance

$396,201

-12.7% from 2016

Annual return

17.92%

-9.18 pp from 2016

Benchmarks

See 3,812 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,812 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$387.20M

Not enough data

1 years with asset history on file

Average account balance

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

$545K

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.

710

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$33.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$53K

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

+17.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$373

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 3 by compensation

Provider	Service type	Compensation
SAGEVIEW ADVISORY GROUP, LLC1 year Filed as: SAGEVIEW ADVISORY GROUP Service code 28 · EIN 33-0818667	Investment Management	$37,620
CHARLES SCHWAB & CO., INC.3+ years Service code 33 · EIN 94-1737782	Shareholder servicing fees; Float rev...	$273
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO INC AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2H2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing 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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.

Opportunity flags

3 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$43K

$134 / participant

Investment mgmt$42K98.1%
Other / not subdivided$8131.9%

% of EOY assets

0.032%

all-in expense ratio

Categories reported

1 / 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: MILLER, KAPLAN, ARASE & CO., LLP
Auditor EIN: 952036255
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$396,201

$46,182+757.9%

$170,435+132.5%

$69,634+469.0%

Participation rate

95.9%

63.9%+32.0pp

83.6%+12.3pp

70.7%+25.2pp

Annual return

17.92%

21.40%-3.5pp

205.94%-188.0pp

27572.26%-27554.3pp

Employer contribution / active EE

$40,936

$1,610+2442.4%

$5,432+653.6%

$2,032+1914.3%

Participant deferral / active EE

$3,513

$2,081+68.8%

$4,939-28.9%

$3,224+9.0%

Admin fee / account holder

$128

$116+10.2%

$13,881-99.1%

$110+15.8%

Provider

Service type

Compensation

SAGEVIEW ADVISORY GROUP, LLC1 year

Filed as: SAGEVIEW ADVISORY GROUP

Service code 28 · EIN 33-0818667

Investment Management

$37,620

CHARLES SCHWAB & CO., INC.3+ years

Service code 33 · EIN 94-1737782

Shareholder servicing fees; Float rev...

$273

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB & CO INC AND AFFIL

Service code 59

Shareholder Servicing

CITY OF HOPE MEDICAL GROUP 401K RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CITY OF HOPE MEDICAL GROUP 401K RETIREMENT SAVINGS 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