Retirement plan

SAINT AGNES MEDICAL PROVIDERS 401(K) PLAN

Name: SAINT AGNES MEDICAL PROVIDERS - SAINT AGNES MEDICAL PROVIDERS 401(K) PLAN (2024) Form 5500
Creator: SAINT AGNES MEDICAL PROVIDERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAINT AGNES MEDICAL PROVIDERS 401(K) PLAN, SAINT AGNES MEDICAL PROVIDERS

SAINT AGNES MEDICAL PROVIDERSEIN 46-1465093Plan #001PY 2024

1111 E SPRUCE AVE., SUITE 431 - FRESNO, CA 93720559-450-2454saintagnescare.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$20.5M

+17.6% from 2023

Total participants

149

-5.7% from 2023

Average account balance

$160,174

+22.2% from 2023

Annual return

12.85%

-21.81 pp from 2023

Benchmarks

See 21,729 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,729 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.50M

Not enough data

1 years with asset history on file

Average account balance

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

$160K

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.

128

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.

77.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+12.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$783

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
REGENCY INVESTMENT ADVISORS6 years Service code 26 · EIN 77-7034491 1312 W HERNDON AVE · FRESNO, CA 93711	Advisory (Participants)	$62,229
PROACCOUNT1 year Service code 26 · EIN 73-0988442 10 W NATIONIDE BLVD · COLUMBUS, OH 43215	Advisory (Participants)	$9,489
NATIONWIDE9 years Service code 26 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Advisory (Participants)	$2,264

Plan features & details

Pension benefit codes2F2G2J2K3D

Plan features

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$100K

$1066 / participant

Investment mgmt$100K100.0%

% of EOY assets

0.489%

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: BAKER TILLY US LLP
Auditor EIN: 301413443
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$160,174

$81,276+97.1%

$155,574+3.0%

$80,925+97.9%

Participation rate

77.7%

66.2%+11.4pp

78.2%-0.6pp

67.7%+10.0pp

Annual return

12.85%

33.36%-20.5pp

64.87%-52.0pp

35.65%-22.8pp

Employer contribution / active EE

$1,158

$3,103-62.7%

$4,676-75.2%

$2,756-58.0%

Participant deferral / active EE

$19,147

$3,453+454.5%

$5,629+240.1%

$4,299+345.4%

Admin fee / account holder

$783

$7,993-90.2%

$15,914-95.1%

$6,940-88.7%

Provider

Service type

Compensation

REGENCY INVESTMENT ADVISORS6 years

Service code 26 · EIN 77-7034491

1312 W HERNDON AVE · FRESNO, CA 93711

Advisory (Participants)

$62,229

PROACCOUNT1 year

Service code 26 · EIN 73-0988442

10 W NATIONIDE BLVD · COLUMBUS, OH 43215

Advisory (Participants)

$9,489

NATIONWIDE9 years

Service code 26 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Advisory (Participants)

$2,264

SAINT AGNES MEDICAL PROVIDERS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAINT AGNES MEDICAL PROVIDERS 401(K) 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