Retirement plan

SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401K PLAN

Name: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. - SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401K PLAN (2022) Form 5500
Creator: SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401K PLAN, SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP.

SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP.EIN 95-4719255Plan #002PY 2022

506 W. VALLEY BLVD., STE. 100 - SAN GABRIEL, CA 91776626-308-3800LinkedIn1-10 employeeshospital & health care

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$392K

+865.4% from 2021

Total participants

+29.1% from 2021

Average account balance

$5,593

+658.5% from 2021

Annual return

2.19%

+2.19 pp from 2021

Benchmarks

See 19,701 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,701 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.01M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

112.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$623K

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

+33.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$677

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$339

$6 / participant

Other / not subdivided$339100.0%

% of EOY assets

0.087%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$5,593

$73,863-92.4%

$143,797-96.1%

$68,490-91.8%

Participation rate

98.2%

66.7%+31.6pp

80.3%+17.9pp

67.9%+30.3pp

Annual return

2.19%

0.91%+1.3pp

-0.04%+2.2pp

-7.85%+10.0pp

Employer contribution / active EE

$1,343

$3,185-57.8%

$4,952-72.9%

$2,597-48.3%

Participant deferral / active EE

$4,799

$3,385+41.8%

$5,638-14.9%

$4,028+19.1%

Admin fee / account holder

$5,756-99.9%

$14,679-100.0%

$5,403-99.9%

SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHERN CALIFORNIA HEART CENTERS, A MED. CORP. 401K 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