Retirement plan

LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUP MULTIPLE EMPLOYER RETIREMENT PLAN

Name: LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUP - LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUP MULTIPLE EMPLOYER RETIREMENT PLAN (2020) Form 5500
Creator: LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUP MULTIPLE EMPLOYER RETIREMENT PLAN, LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUP

LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUPEIN 33-0672915Plan #001PY 2020

11175 CAMPUS STREET, SUITE 11120 - LOMA LINDA, CA 92350909-651-5582socaldocs.comLinkedIn1001-5000 employeeshospital & health care

Other plans on this EIN

1 filing

#003Retirement-$210.5M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$524.9M

-13.9% from 2020

Total participants

6,592

-4.8% from 2020

Average account balance

$91,773

-7.7% from 2020

Annual return

14.65%

+3.77 pp from 2020

Benchmarks

See 1,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,342 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$699.90M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

7,608

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.

76.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$42.98M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$38

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 10 of 11 by compensation

Provider	Service type	Compensation
MORTON CAPITAL MANAGEMENT1 year Filed as: MORTON CAPITAL MANAGEMENT LLC Service code 26 27200 AGOURA RD · CALABASAS, CA 91301	Advisory (Participants)	$91,629
UBS FINANCIAL SERVICES INC1 year Filed as: UBS Service code 16 1000 HARBOR BLVD · WEHAWKEN, NJ 07086	Consulting	$54,375
T ROWE PRICE RPS INC1 year Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$25,098
MERCER2+ years Service code 16 PO BOX 13793 · DALLAS, TX 75373	Consulting	$24,880
MILLIMAN, INC.2+ years Filed as: MILLIMAN Service code 16 1 PENN PLAZA · NEW YORK, NY 10119	Consulting	$24,303
AMERIPRISE FINANCIAL SERVICES INC1 year Filed as: AMERIPRISE TRUST COMPANY Service code 16 POST OFFICE BOX 1661 · MINNEAPOLIS, MN 55474	Consulting	$21,311
MERCER1 year Filed as: MERCER GLOBAL ADVISORS INC Service code 26 610 MAIN ST · FRISCO, CO 80443	Advisory (Participants)	$15,091
BOSMAN WEALTH MGMNT LLC1 year Service code 26 300 EAST STATE ST · REDLANDS, CA 92373	Advisory (Participants)	$10,574
ULRICH CONSULTING GROUP1 year Filed as: ULRICH CONSULTING GROUP LLC Service code 26 1805 RIO GRANDE BLVS NW · ALBUQUERQUE, NM 87104	Advisory (Participants)	$7,717
AMERICAN FUNDS1 year Filed as: PARK CAPITAL GROUP INC Service code 26 740 REGENT ST · MADISON, WI 53715	Advisory (Participants)	$6,721

Plan features & details

Pension benefit codes2E2F2G2R2T3H

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).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$291K

$79 / participant

Investment mgmt$132K45.3%
Other / not subdivided$159K54.7%

% of EOY assets

0.055%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,773

$56,095+63.6%

$178,510-48.6%

$90,274+1.7%

Participation rate

76.4%

65.6%+10.8pp

81.9%-5.6pp

73.4%+3.0pp

Annual return

14.65%

28.81%-14.2pp

151.13%-136.5pp

53.97%-39.3pp

Employer contribution / active EE

$8,822

$1,572+461.0%

$5,011+76.0%

$2,523+249.6%

Participant deferral / active EE

$2,669-100.0%

$5,202-100.0%

$4,231-100.0%

Admin fee / account holder

$51

$101-49.5%

$13,988-99.6%

$114-55.5%

Provider

Service type

Compensation

MORTON CAPITAL MANAGEMENT1 year

Filed as: MORTON CAPITAL MANAGEMENT LLC

Service code 26

27200 AGOURA RD · CALABASAS, CA 91301

Advisory (Participants)

$91,629

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS

Service code 16

1000 HARBOR BLVD · WEHAWKEN, NJ 07086

Consulting

$54,375

T ROWE PRICE RPS INC1 year

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$25,098

MERCER2+ years

Service code 16

PO BOX 13793 · DALLAS, TX 75373

Consulting

$24,880

MILLIMAN, INC.2+ years

Filed as: MILLIMAN

Service code 16

1 PENN PLAZA · NEW YORK, NY 10119

Consulting

$24,303

AMERIPRISE FINANCIAL SERVICES INC1 year

Filed as: AMERIPRISE TRUST COMPANY

Service code 16

POST OFFICE BOX 1661 · MINNEAPOLIS, MN 55474

Consulting

$21,311

MERCER1 year

Filed as: MERCER GLOBAL ADVISORS INC

Service code 26

610 MAIN ST · FRISCO, CO 80443

Advisory (Participants)

$15,091

BOSMAN WEALTH MGMNT LLC1 year

Service code 26

300 EAST STATE ST · REDLANDS, CA 92373

Advisory (Participants)

$10,574

ULRICH CONSULTING GROUP1 year

Filed as: ULRICH CONSULTING GROUP LLC

Service code 26

1805 RIO GRANDE BLVS NW · ALBUQUERQUE, NM 87104

Advisory (Participants)

$7,717

AMERICAN FUNDS1 year

Filed as: PARK CAPITAL GROUP INC

Service code 26

740 REGENT ST · MADISON, WI 53715

Advisory (Participants)

$6,721

LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUP MULTIPLE EMPLOYER RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUP MULTIPLE EMPLOYER RETIREMENT 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