Retirement plan

SCRIPPS COASTAL MEDICAL GROUP, INC. RETIREMENT SAVINGS PLAN

Name: SAN DIEGO COASTAL MEDICAL GROUP, INC. - SCRIPPS COASTAL MEDICAL GROUP, INC. RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: SAN DIEGO COASTAL MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCRIPPS COASTAL MEDICAL GROUP, INC. RETIREMENT SAVINGS PLAN, SAN DIEGO COASTAL MEDICAL GROUP, INC.

SAN DIEGO COASTAL MEDICAL GROUP, INC.dba SCRIPPS COASTAL MEDICAL GROUP, INC.EIN 33-0776371Plan #001PY 2024

10010 CAMPUS POINT DRIVE, MAIL DROP CPC 205 - SAN DIEGO, CA 92121619-278-3300LinkedIn1-10 employeeshospital & health care

Prospect flagsHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$136.5M

+14.3% from 2023

Total participants

345

-14.4% from 2023

Average account balance

$404,967

+18.4% from 2023

Annual return

13.99%

-2.93 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$136.47M

Not enough data

1 years with asset history on file

Average account balance

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

$405K

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.

337

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.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$36K

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

+13.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$133

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 4 by compensation

Provider	Service type	Compensation
LEAFHOUSE FINANCIAL ADVISORS, LLC4 years Filed as: LEAFHOUSE FINANCIAL ADVISORS Service code 16 6504 BRIDGEPOINT PARKWAY · AUSTIN, TX 78730	Consulting	$12,353
NATIONWIDE10+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$8,723
NATIONAL BENEFIT SERVICES, LLC10+ years Service code 15 · EIN 20-3886993	Recordkeeping	$3,000
MEDICAL COST MANAGEMENT1 year Filed as: MEDICAL GROUP, INC. Service code 15 501 WASHINGTON STREET · SAN DIEGO, CA 92103	Recordkeeping	$1,557

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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.
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.
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

2 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$45K

$157 / participant

Contract admin$45K100.0%

% of EOY assets

0.033%

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: CONSIDINE & CONSIDINE
Auditor EIN: 952694444
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$404,967

$50,919+695.3%

$155,556+160.3%

$77,762+420.8%

Participation rate

97.2%

63.1%+34.1pp

78.2%+19.0pp

70.6%+26.6pp

Annual return

13.99%

34.84%-20.8pp

64.84%-50.8pp

31.27%-17.3pp

Employer contribution / active EE

$16,087

$1,991+707.8%

$4,675+244.1%

$2,728+489.7%

Participant deferral / active EE

$19,754

$2,824+599.4%

$5,631+250.8%

$4,651+324.7%

Admin fee / account holder

$133

$437-69.5%

$15,885-99.2%

$433-69.2%

Provider

Service type

Compensation

LEAFHOUSE FINANCIAL ADVISORS, LLC4 years

Filed as: LEAFHOUSE FINANCIAL ADVISORS

Service code 16

6504 BRIDGEPOINT PARKWAY · AUSTIN, TX 78730

Consulting

$12,353

NATIONWIDE10+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$8,723

NATIONAL BENEFIT SERVICES, LLC10+ years

Service code 15 · EIN 20-3886993

Recordkeeping

$3,000

MEDICAL COST MANAGEMENT1 year

Filed as: MEDICAL GROUP, INC.

Service code 15

501 WASHINGTON STREET · SAN DIEGO, CA 92103

Recordkeeping

$1,557

SCRIPPS COASTAL MEDICAL GROUP, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCRIPPS COASTAL MEDICAL GROUP, INC. 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