Retirement plan

THE GOOD SAMARITAN HOSPITAL 401(K) RETIREMENT SAVINGS PLAN

Name: PIH HEALTH GOOD SAMARITAN HOSPITAL - THE GOOD SAMARITAN HOSPITAL 401(K) RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: PIH HEALTH GOOD SAMARITAN HOSPITAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE GOOD SAMARITAN HOSPITAL 401(K) RETIREMENT SAVINGS PLAN, PIH HEALTH GOOD SAMARITAN HOSPITAL

PIH HEALTH GOOD SAMARITAN HOSPITALEIN 95-1656366Plan #002PY 2024

1225 WILSHIRE BLVD - LOS ANGELES, CA 900171901213-977-2301goodsamhosp.orgLinkedIn501-1000 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$33.8M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$234.7M

+10.9% from 2023

Total participants

1,764

+5.6% from 2023

Average account balance

$147,348

+7.1% from 2023

Annual return

15.22%

-2.01 pp from 2023

Benchmarks

See 1,436 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,436 peers

Snapshot2024

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$234.73M

Not enough data

1 years with asset history on file

Average account balance

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

$147K

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.

1,593

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.

86.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.38M

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

+15.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$84

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 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL4 years Service code 37 · EIN 04-2647786	Loan Processing	$77,263
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$36,817
PENSION ASSURANCE LLP3 years Filed as: PENSION ASSURANCE Service code 10 · EIN 30-0840934	Accounting	$15,000
CONCURRENT INVESTMENT ADVISORS LLC1 year Filed as: CONCURRENT INVESTMENT ADVISORS, LL Service code 27 · EIN 92-1819393	Advisory (Plan)	$5,400

Plan features & details

Pension benefit codes2E2F2T2G2J2K3D2R2S

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.
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.
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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$134K

$109 / participant

Recordkeeping$76K56.6%
Investment mgmt$37K27.4%
Contract admin$1K0.9%
Other / not subdivided$20K15.2%

% of EOY assets

0.057%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: $15,000
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$147,348

$53,136+177.3%

$155,509-5.2%

$199,593-26.2%

Participation rate

86.1%

64.1%+22.0pp

78.2%+7.9pp

72.0%+14.1pp

Annual return

15.22%

41.15%-25.9pp

64.67%-49.5pp

34.25%-19.0pp

Employer contribution / active EE

$2,223

$1,851+20.1%

$4,672-52.4%

$3,034-26.7%

Participant deferral / active EE

$6,226

$3,161+97.0%

$5,626+10.7%

$5,087+22.4%

Admin fee / account holder

$84

$185-54.5%

$15,912-99.5%

$269-68.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL4 years

Service code 37 · EIN 04-2647786

Loan Processing

$77,263

STRATEGIC ADVISORS, INC.4 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$36,817

PENSION ASSURANCE LLP3 years

Filed as: PENSION ASSURANCE

Service code 10 · EIN 30-0840934

Accounting

$15,000

CONCURRENT INVESTMENT ADVISORS LLC1 year

Filed as: CONCURRENT INVESTMENT ADVISORS, LL

Service code 27 · EIN 92-1819393

Advisory (Plan)

$5,400

THE GOOD SAMARITAN HOSPITAL 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE GOOD SAMARITAN HOSPITAL 401(K) RETIREMENT SAVINGS 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