Retirement plan

KAISER PERMANENTE 401(K) RETIREMENT PLAN

Name: KAISER FOUNDATION HEALTH PLAN, INC. - KAISER PERMANENTE 401(K) RETIREMENT PLAN (2022) Form 5500
Creator: KAISER FOUNDATION HEALTH PLAN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAISER PERMANENTE 401(K) RETIREMENT PLAN, KAISER FOUNDATION HEALTH PLAN, INC.

KAISER FOUNDATION HEALTH PLAN, INC.EIN 94-1340523Plan #025PY 2022

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

Other plans on this EIN

7 filings

#001Retirement-$31.85B assets #037Retirement-$5.70B assets #003Retirement-$4.33B assets #039Retirement-$2.86B assets #033Retirement-$978.5M assets #005Retirement-$524.8M assets #017Retirement-$43.8M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$16058.8M

-13.7% from 2021

Total participants

161,250

+6.4% from 2021

Average account balance

$100,923

-18.9% from 2021

Annual return

-15.30%

-28.63 pp from 2021

Benchmarks

See 237 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants>=10,000

Cohort237 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.54B

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

176,765

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.

98.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.55B

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$57

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
THE VANGUARD GROUP, INC.2 years Filed as: VANGUARD ADVISERS INC. Service code 26 · EIN 23-2811930	Advisory (Participants)	$5,868,581
THE VANGUARD GROUP, INC.8+ years Service code 15 · EIN 23-1945930	Recordkeeping	$1,673,469
QDRO CONSULTANTS COMPANY, LLC1 year Filed as: QDRO CONSULTANTS CO LLC Service code 16 · EIN 34-1820650	Consulting	$24,000

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$6.9M

$50 / participant

Other / not subdivided$7M100.0%

% of EOY assets

0.043%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$100,923

$83,057+21.5%

$143,788-29.8%

$89,394+12.9%

Participation rate

98.4%

74.0%+24.4pp

80.3%+18.1pp

71.3%+27.2pp

Annual return

-15.30%

-13.97%-1.3pp

-0.03%-15.3pp

-11.89%-3.4pp

Employer contribution / active EE

$1,100

$2,095-47.5%

$4,952-77.8%

$3,022-63.6%

Participant deferral / active EE

$8,150

$4,281+90.4%

$5,638+44.6%

$5,123+59.1%

Admin fee / account holder

$43

$83-48.1%

$14,675-99.7%

$79-45.8%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2 years

Filed as: VANGUARD ADVISERS INC.

Service code 26 · EIN 23-2811930

Advisory (Participants)

$5,868,581

THE VANGUARD GROUP, INC.8+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$1,673,469

QDRO CONSULTANTS COMPANY, LLC1 year

Filed as: QDRO CONSULTANTS CO LLC

Service code 16 · EIN 34-1820650

Consulting

$24,000

KAISER PERMANENTE 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAISER PERMANENTE 401(K) 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