Retirement plan

MEDICAL GROUP OF BEVERLY HILLS DEFINED BENEFIT PENSION PLAN

Name: MEDICAL GROUP OF BEVERLY HILLS - MEDICAL GROUP OF BEVERLY HILLS DEFINED BENEFIT PENSION PLAN (2021) Form 5500
Creator: MEDICAL GROUP OF BEVERLY HILLS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEDICAL GROUP OF BEVERLY HILLS DEFINED BENEFIT PENSION PLAN, MEDICAL GROUP OF BEVERLY HILLS

MEDICAL GROUP OF BEVERLY HILLSEIN 95-4077334Plan #002PY 2021

6500 WILSHIRE BLVD., 19TH FLOOR - LOS ANGELES, CA 90048310-385-3200LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$126.4M assets

Prospect flagsHigh cashLow participant contribution

How to read this page

Total assets (EOY)

$27.8M

+17.7% from 2020

Total participants

197

+68.4% from 2020

Average account balance

No prior year

Annual return

10.60%

+4.40 pp from 2020

Benchmarks

See 183 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined benefit

Participants100-249

Cohort183 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.18M

Not enough data

1 years with asset history on file

Average account balance

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

$138K

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.

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 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

+7.11%

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

1 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
MATRIX TRUST COMPANY1 year Service code 19 9465 WILSHIRE BLVD · BEVERLY HILLS, CA 90212	Securities Custodian	$0
RBC WEALTH MANAGEMENT1 year Filed as: RCB WEALTH MANAGEMENT Service code 28 FLOOR 15, 6500 WILSHIRE BLVD · LOS ANGELES, CA 90048	Investment Management	$0

Plan features & details

Pension benefit codes1C3D

Plan features

1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$127K

$719 / participant

Investment mgmt$127K100.0%

% of EOY assets

0.458%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MILLER KAPLAN ARASE LLP
Auditor EIN: 952036255
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,600-100.0%

$227,282-100.0%

$82,186-100.0%

Participation rate

0.0%

14.3%-14.3pp

35.4%-35.4pp

3.6%-3.6pp

Annual return

10.60%

10.11%+0.5pp

10.75%-0.1pp

11.84%-1.2pp

Employer contribution / active EE

$16,329

$14,976+9.0%

$35,170-53.6%

$17,339-5.8%

Participant deferral / active EE

$126-100.0%

$82-100.0%

$683-100.0%

Admin fee / account holder

$266-100.0%

$4,611-100.0%

$409-100.0%

Provider

Service type

Compensation

MATRIX TRUST COMPANY1 year

Service code 19

9465 WILSHIRE BLVD · BEVERLY HILLS, CA 90212

Securities Custodian

RBC WEALTH MANAGEMENT1 year

Filed as: RCB WEALTH MANAGEMENT

Service code 28

FLOOR 15, 6500 WILSHIRE BLVD · LOS ANGELES, CA 90048

Investment Management

MEDICAL GROUP OF BEVERLY HILLS DEFINED BENEFIT PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEDICAL GROUP OF BEVERLY HILLS DEFINED BENEFIT PENSION 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