Retirement plan

CLINICA SIERRA VISTA RETIREMENT PLAN

Name: CLINICA SIERRA VISTA - CLINICA SIERRA VISTA RETIREMENT PLAN (2018) Form 5500
Creator: CLINICA SIERRA VISTA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLINICA SIERRA VISTA RETIREMENT PLAN, CLINICA SIERRA VISTA

CLINICA SIERRA VISTAEIN 95-2707101Plan #001PY 2018

1430 TRUXTUN AVENUE, SUITE 400 - BAKERSFIELD, CA 93301661-635-3050clinicasierravista.orgLinkedIn1001-5000 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$42.2M

-6.2% from 2017

Total participants

1,647

+4.4% from 2017

Average account balance

$27,762

-8.5% from 2017

Annual return

-5.76%

-22.25 pp from 2017

Benchmarks

See 1,316 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,316 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$85.91M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

1,846

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.

94.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.54M

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

+13.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$71

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 7 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2 years Filed as: PRINCIPAL SECURITIES, INC. Service code 49	Other Services	$68,247
ALL VALLEY ADMINISTRATORS, LLC4+ years Filed as: ALL VALLEY ADMINISTRATORS Service code 13	Contract Administrator	$25,000
ALL VALLEY ADMINISTRATORS, LLC4+ years Service code 13 · EIN 77-0536417 7525 N. CEDAR AVENUE, SUITE 109 · FRESNO, CA 93720	Contract Administrator	$21,500
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290	Contract Administrator	$18,009
CLINICA SIERRA VISTA1 year Service code 49 · EIN 95-2707101	Other Services	$12,700
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL SECURITIES Service code 49 · EIN 41-0941553	Other Services	$0
WILSHIRE ASSOCIATES INCORPORATED4+ years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2A2F2G2M2T3D

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).
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$52K

$44 / participant

Contract admin$40K75.7%
Other / not subdivided$13K24.3%

% of EOY assets

0.124%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,762

$45,382-38.8%

$154,108-82.0%

$75,289-63.1%

Participation rate

89.2%

65.9%+23.3pp

83.0%+6.2pp

72.4%+16.8pp

Annual return

-5.76%

-0.47%-5.3pp

735.21%-741.0pp

-0.04%-5.7pp

Employer contribution / active EE

$1,873

$1,533+22.2%

$5,298-64.6%

$2,405-22.1%

Participant deferral / active EE

$2,671

$2,384+12.0%

$5,081-47.4%

$3,739-28.6%

Admin fee / account holder

$34

$89-61.5%

$13,411-99.7%

$102-66.4%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2 years

Filed as: PRINCIPAL SECURITIES, INC.

Service code 49

Other Services

$68,247

ALL VALLEY ADMINISTRATORS, LLC4+ years

Filed as: ALL VALLEY ADMINISTRATORS

Service code 13

Contract Administrator

$25,000

ALL VALLEY ADMINISTRATORS, LLC4+ years

Service code 13 · EIN 77-0536417

7525 N. CEDAR AVENUE, SUITE 109 · FRESNO, CA 93720

Contract Administrator

$21,500

PRINCIPAL LIFE INSURANCE COMPANY4+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$18,009

CLINICA SIERRA VISTA1 year

Service code 49 · EIN 95-2707101

Other Services

$12,700

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL SECURITIES

Service code 49 · EIN 41-0941553

Other Services

WILSHIRE ASSOCIATES INCORPORATED4+ years

Service code 27 · EIN 95-2755361

Advisory (Plan)

CLINICA SIERRA VISTA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLINICA SIERRA VISTA 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