Retirement plan

SWBMG 401(K) PLAN

Name: THE AURRAY GROUP, INC. D/B/A SUTTER WEST BAY MEDICAL GROUP - SWBMG 401(K) PLAN (2024) Form 5500
Creator: THE AURRAY GROUP, INC. D/B/A SUTTER WEST BAY MEDICAL GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SWBMG 401(K) PLAN, THE AURRAY GROUP, INC. D/B/A SUTTER WEST BAY MEDICAL GROUP

THE AURRAY GROUP, INC. D/B/A SUTTER WEST BAY MEDICAL GROUPEIN 91-1875960Plan #001PY 2024

2015 STEINER STREET - SAN FRANCISCO, CA 94115415-600-1423

Other plans on this EIN

1 filing

#002Retirement-$28.5M assets

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$149.2M

+31.7% from 2023

Total participants

323

+11.8% from 2023

Average account balance

$463,294

+17.8% from 2023

Annual return

27.32%

+0.12 pp from 2023

Benchmarks

See 6,010 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,010 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$149.18M

Not enough data

1 years with asset history on file

Average account balance

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

$463K

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.

322

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$40K

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

+27.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$98

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
CHARLES SCHWAB & CO., INC.7 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$8,278
PRIVATE OCEAN4 years Service code 26 · EIN 20-5742052	Advisory (Participants)	$6,633
ABOUND WEALTH MANAGEMENT LLC4 years Service code 26 · EIN 81-4120898	Advisory (Participants)	$6,316
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782	Float revenue; Direct payment from th...	$747

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
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.
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

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

$31K

$142 / participant

Recordkeeping$4501.4%
Investment mgmt$31K98.6%

% of EOY assets

0.021%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSON ALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$463,294

$55,423+735.9%

$155,602+197.7%

$74,400+522.7%

Participation rate

99.5%

61.9%+37.7pp

78.2%+21.3pp

67.2%+32.3pp

Annual return

27.32%

269.07%-241.7pp

64.81%-37.5pp

1367.51%-1340.2pp

Employer contribution / active EE

$23,153

$2,266+922.0%

$4,675+395.2%

$2,624+782.2%

Participant deferral / active EE

$17,288

$2,835+509.9%

$5,629+207.1%

$4,348+297.6%

Admin fee / account holder

$98

$1,744-94.4%

$15,923-99.4%

$1,944-95.0%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.7 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$8,278

PRIVATE OCEAN4 years

Service code 26 · EIN 20-5742052

Advisory (Participants)

$6,633

ABOUND WEALTH MANAGEMENT LLC4 years

Service code 26 · EIN 81-4120898

Advisory (Participants)

$6,316

CHARLES SCHWAB & CO., INC.10+ years

Service code 33 · EIN 94-1737782

Float revenue; Direct payment from th...

$747

SWBMG 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SWBMG 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