Retirement plan

PALO ALTO FOUNDATION MEDICAL GROUP, INC. CASH BALANCE PLAN A

Name: PALO ALTO FOUNDATION MEDICAL GROUP, INC. - PALO ALTO FOUNDATION MEDICAL GROUP, INC. CASH BALANCE PLAN A (2018) Form 5500
Creator: PALO ALTO FOUNDATION MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PALO ALTO FOUNDATION MEDICAL GROUP, INC. CASH BALANCE PLAN A, PALO ALTO FOUNDATION MEDICAL GROUP, INC.

PALO ALTO FOUNDATION MEDICAL GROUP, INC.EIN 51-0656809Plan #003PY 2018

325 DISTEL CIRCLE - LOS ALTOS, CA 94022650-691-6151LinkedIn1001-5000 employeeshospital & health care

Other plans on this EIN

3 filings

#001Retirement-$1.12B assets #002Retirement-$126.7M assets #007Retirement-$47.8M assets

Prospect flagsRecently cancelled planWind-down / frozen

How to read this page

Total assets (EOY)

-14.1% from 2016

Total participants

-0.9% from 2016

Average account balance

No prior year

Annual return

-1.65%

+235.71 pp from 2016

Benchmarks

See 13,301 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined benefit

Participants<25

Cohort13,301 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

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

Not enough data

0 years with headcount on file

Eligible Participants and Participation

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

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-1.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 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
THE VANGUARD GROUP, INC.4+ years Service code 52 · EIN 23-1945930	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes1B1C1H1I3F

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
1H
PBGC terminated and closed out plan
Plan covered by PBGC that was terminated and closed out for PBGC purposes (standard or distress termination with distribution of plan assets or trustee appointed under ERISA section 4042).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
InformationalRecently cancelled plan
Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II

Admin total

$26K

Other / not subdivided$26K100.0%

% of EOY assets

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$218,893-100.0%

$436,953-100.0%

$233,076-100.0%

Participation rate

0.0%

49.9%-49.9pp

44.2%-44.2pp

46.4%-46.4pp

Annual return

-1.65%

-114.99%+113.3pp

-102.04%+100.4pp

-82.67%+81.0pp

Employer contribution / active EE

$39,361-100.0%

$36,232-100.0%

$43,771-100.0%

Participant deferral / active EE

$44-100.0%

$47-100.0%

$103-100.0%

Admin fee / account holder

$11,759-100.0%

$12,721-100.0%

$11,204-100.0%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.4+ years

Service code 52 · EIN 23-1945930

Indirect Investment Fees

PALO ALTO FOUNDATION MEDICAL GROUP, INC. CASH BALANCE PLAN A

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PALO ALTO FOUNDATION MEDICAL GROUP, INC. CASH BALANCE PLAN A

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