Retirement plan

KAISER PERMANENTE SUPPLEMENTAL SAVINGS AND RETIREMENT PLAN

Name: KAISER FOUNDATION HEALTH PLAN, INC. - KAISER PERMANENTE SUPPLEMENTAL SAVINGS AND RETIREMENT PLAN (2024) Form 5500
Creator: KAISER FOUNDATION HEALTH PLAN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAISER PERMANENTE SUPPLEMENTAL SAVINGS AND RETIREMENT PLAN, KAISER FOUNDATION HEALTH PLAN, INC.

KAISER FOUNDATION HEALTH PLAN, INC.EIN 94-1340523Plan #003PY 2024

ONE KAISER PLAZA, 20B - OAKLAND, CA 94612510-271-5940LinkedIn1-10 employeesmedical practice

Other plans on this EIN

5 filings

#001Retirement-$34.45B assets #025Retirement-$22.54B assets #039Retirement-$13.85B assets #005Retirement-$833.4M assets #017Retirement-$61.4M assets

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$5667.6M

+11.2% from 2023

Total participants

51,649

-0.4% from 2023

Average account balance

$111,333

+11.5% from 2023

Annual return

12.54%

-4.53 pp from 2023

Benchmarks

See 275 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants>=10,000

Cohort275 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.67B

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

50,907

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.

98.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$305.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.54%

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 4 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.4 years Filed as: VANGUARD ADVISERS INC. Service code 26 · EIN 23-2811930	Advisory (Participants)	$1,840,440
THE VANGUARD GROUP, INC.10+ years Service code 15 · EIN 23-1945930	Recordkeeping	$137,420
QDRO CONSULTANTS COMPANY, LLC3 years Filed as: QDRO CONSULTANTS CO LLC Service code 16 · EIN 34-1820650	Consulting	$9,500
CHARLES SCHWAB & CO., INC.1 year Service code 99	Other Fees	$0

Plan features & details

Pension benefit codes2C2F2G2K2R2T3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.9M

$51 / participant

Other / not subdivided$2M100.0%

% of EOY assets

0.034%

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: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,333

$73,283+51.9%

$155,602-28.5%

$106,408+4.6%

Participation rate

98.0%

73.3%+24.7pp

78.2%+19.8pp

69.9%+28.1pp

Annual return

12.54%

15.76%-3.2pp

64.81%-52.3pp

17.37%-4.8pp

Employer contribution / active EE

$6,059

$2,241+170.4%

$4,675+29.6%

$3,361+80.2%

Participant deferral / active EE

$2,117

$4,567-53.6%

$5,629-62.4%

$5,567-62.0%

Admin fee / account holder

$38

$56-32.8%

$15,923-99.8%

$79-52.5%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.4 years

Filed as: VANGUARD ADVISERS INC.

Service code 26 · EIN 23-2811930

Advisory (Participants)

$1,840,440

THE VANGUARD GROUP, INC.10+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$137,420

QDRO CONSULTANTS COMPANY, LLC3 years

Filed as: QDRO CONSULTANTS CO LLC

Service code 16 · EIN 34-1820650

Consulting

$9,500

CHARLES SCHWAB & CO., INC.1 year

Service code 99

Other Fees

KAISER PERMANENTE SUPPLEMENTAL SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAISER PERMANENTE SUPPLEMENTAL SAVINGS AND 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