Retirement plan

GFHN UNION UAPD 401(K) PLAN

Name: GARDNER FAMILY HEALTH NETWORK - GFHN UNION UAPD 401(K) PLAN (2023) Form 5500
Creator: GARDNER FAMILY HEALTH NETWORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GFHN UNION UAPD 401(K) PLAN, GARDNER FAMILY HEALTH NETWORK

GARDNER FAMILY HEALTH NETWORKEIN 94-1743078Plan #007PY 2023

160 E. VIRGINIA STREET - SAN JOSE, CA 951125848408-938-2160homelessproject.comLinkedIn51-200 employeeshospital & health care

Other plans on this EIN

3 filings

#004Retirement-$26.4M assets #006Retirement-$7.6M assets #005Retirement-$4.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$15.2M

+23.1% from 2022

Total participants

+17.9% from 2022

Average account balance

$156,819

+4.0% from 2022

Annual return

18.84%

+35.29 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.41M

Not enough data

1 years with asset history on file

Average account balance

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

$172K

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.

101

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.

171.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+14.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11714

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$510K

$7385 / participant

Other / not subdivided$510K100.0%

% of EOY assets

3.350%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$156,819

$77,908+101.3%

$149,696+4.8%

$75,173+108.6%

Participation rate

97.1%

65.6%+31.5pp

78.8%+18.3pp

67.2%+29.9pp

Annual return

18.84%

31.73%-12.9pp

134.46%-115.6pp

160.72%-141.9pp

Employer contribution / active EE

$3,033

$3,138-3.3%

$4,821-37.1%

$2,671+13.5%

Participant deferral / active EE

$11,317

$3,411+231.8%

$5,682+99.2%

$4,126+174.3%

Admin fee / account holder

$5,253

$5,950-11.7%

$13,212-60.2%

$5,651-7.0%

GFHN UNION UAPD 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GFHN UNION UAPD 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