Retirement plan

THE CHILDREN'S CLINIC RETIREMENT PLAN

Name: THE CHILDRENS CLINIC SERVING CHILDREN AND THEIR FAMILIES - THE CHILDREN'S CLINIC RETIREMENT PLAN (2024) Form 5500
Creator: THE CHILDRENS CLINIC SERVING CHILDREN AND THEIR FAMILIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CHILDREN'S CLINIC RETIREMENT PLAN, THE CHILDRENS CLINIC SERVING CHILDREN AND THEIR FAMILIES

THE CHILDRENS CLINIC SERVING CHILDREN AND THEIR FAMILIESEIN 95-1643332Plan #001PY 2024

701 EAST 28TH STREET, SUITE 412 - LONG BEACH, CA 908061701562-933-0400

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$32.4M

+15.5% from 2023

Total participants

706

+13.5% from 2023

Average account balance

$51,125

+13.1% from 2023

Annual return

11.65%

-3.93 pp from 2023

Benchmarks

See 4,141 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,141 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$32.36M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

633

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$208

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
PENSIONMARK FINANCIAL GROUP LLC2 years Filed as: PENSIONMARK FINANCIAL GROUP Service code 26 · EIN 61-1758632	Advisory (Participants)	$53,903
JOHN HANCOCK LIFE INSURANCE COMPANY8 years Filed as: JOHN HANCOCK LIFE INSURANCE CO Service code 15 · EIN 01-0233346	Recordkeeping	$2,580

Plan features & details

Pension benefit codes2A2E2G2F2J3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$132K

$300 / participant

Recordkeeping$2K1.2%
Investment mgmt$54K41.0%
Contract admin$76K57.8%

% of EOY assets

0.407%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: FARBER HASS HURLEY LLP
Auditor EIN: 204207759
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,125

$50,815+0.6%

$155,509-67.1%

$77,643-34.2%

Participation rate

83.3%

63.1%+20.2pp

78.2%+5.1pp

70.6%+12.8pp

Annual return

11.65%

34.80%-23.2pp

64.67%-53.0pp

31.24%-19.6pp

Employer contribution / active EE

$2,686

$1,993+34.8%

$4,672-42.5%

$2,726-1.5%

Participant deferral / active EE

$3,363

$2,822+19.2%

$5,626-40.2%

$4,647-27.6%

Admin fee / account holder

$208

$437-52.4%

$15,912-98.7%

$430-51.7%

Provider

Service type

Compensation

PENSIONMARK FINANCIAL GROUP LLC2 years

Filed as: PENSIONMARK FINANCIAL GROUP

Service code 26 · EIN 61-1758632

Advisory (Participants)

$53,903

JOHN HANCOCK LIFE INSURANCE COMPANY8 years

Filed as: JOHN HANCOCK LIFE INSURANCE CO

Service code 15 · EIN 01-0233346

Recordkeeping

$2,580

THE CHILDREN'S CLINIC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CHILDREN'S CLINIC 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