Plan Snapshot
- Plan Sponsor: Clinica De Salud Del Valle De Salinas
- Sponsor EIN: 942652757
- Sponsor Address: 55 CIRCLE PLAZA, SALINAS, CA, 93901
- Plan Type: 403(b)
- Total Participants: 362
- Total Assets: $9.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 362 | $9.1M | $232,707 | $1.1M |
| 2023 | 239 | $7.6M | $161,254 | $917,813 |
| 2022 | 308 | $6.0M | $153,931 | $854,083 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MUTUAL OF AMERICA | RECORD KEEPER | $7,884 | — | $7,884 |
| OSCAR G ARMIJO CPA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,884
- Estimated Expense Ratio: 0.086% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $7,884 | — | — | — | — |
| 2023 | $102,734 | — | $7,982 | — | — |
| 2022 | $62,389 | $62,389 | — | — | — |