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 (2023) 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 2023

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.1M

+177.3% from 2022

Total participants

121

+70.4% from 2022

Average account balance

$14,874

+165.9% from 2022

Annual return

32.74%

+30.55 pp from 2022

Benchmarks

See 5,703 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,703 peers

Snapshot2023

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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$4K

$39 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.386%

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

$14,874

$61,391-75.8%

$149,723-90.1%

$71,529-79.2%

Participation rate

55.1%

62.5%-7.4pp

78.8%-23.6pp

67.9%-12.8pp

Annual return

32.74%

35.88%-3.1pp

134.50%-101.8pp

28.97%+3.8pp

Employer contribution / active EE

$875

$2,384-63.3%

$4,821-81.9%

$2,590-66.2%

Participant deferral / active EE

$4,416

$2,921+51.2%

$5,682-22.3%

$4,291+2.9%

Admin fee / account holder

$57

$1,264-95.5%

$13,215-99.6%

$1,588-96.4%

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