Retirement plan

SCAN HEALTH PLAN SAFE HARBOR 403(B) THRIFT PLAN

Name: SCAN HEALTH PLAN - SCAN HEALTH PLAN SAFE HARBOR 403(B) THRIFT PLAN (2017) Form 5500
Creator: SCAN HEALTH PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCAN HEALTH PLAN SAFE HARBOR 403(B) THRIFT PLAN, SCAN HEALTH PLAN

SCAN HEALTH PLANEIN 95-3826037Plan #002PY 2017

3800 KILROY AIRPORT WAY, SUITE 100 - LONG BEACH, CA 908015616562-989-4495

Other plans on this EIN

2 filings

#001Retirement-$6.9M assets #003Retirement-$3.0M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$114.3M

+21.5% from 2016

Total participants

1,843

+9.0% from 2016

Average account balance

$62,689

+10.7% from 2016

Annual return

16.76%

+6.68 pp from 2016

Benchmarks

See 217 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort217 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-66.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 3 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS3+ years Service code 12 · EIN 13-3689044	Participant loan processing; Float re...	$96,874
MUTUAL OF AMERICA INVESTMENT CORP3+ years Filed as: MUTUAL OF AMERICA LIFE INS. CO. Service code 64 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping Fees	$1,480
NATIONAL FINANCIAL SERVICES3+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2F2G2L2M2S2T

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$98K

$87 / participant

Other / not subdivided$98K100.0%

% of EOY assets

0.086%

all-in expense ratio

Categories reported

0 / 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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,689

$41,256+52.0%

$86,582-27.6%

$77,958-19.6%

Participation rate

98.3%

63.0%+35.3pp

73.5%+24.8pp

71.6%+26.7pp

Annual return

16.76%

17.67%-0.9pp

965.08%-948.3pp

20.87%-4.1pp

Employer contribution / active EE

$4,831

$1,613+199.6%

$2,839+70.1%

$2,310+109.1%

Participant deferral / active EE

$5,807

$2,332+149.0%

$3,609+60.9%

$3,537+64.2%

Admin fee / account holder

$54

$71-23.8%

$4,904-98.9%

$97-44.6%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS3+ years

Service code 12 · EIN 13-3689044

Participant loan processing; Float re...

$96,874

MUTUAL OF AMERICA INVESTMENT CORP3+ years

Filed as: MUTUAL OF AMERICA LIFE INS. CO.

Service code 64

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping Fees

$1,480

NATIONAL FINANCIAL SERVICES3+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

SCAN HEALTH PLAN SAFE HARBOR 403(B) THRIFT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCAN HEALTH PLAN SAFE HARBOR 403(B) THRIFT 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