Plan Snapshot
- Plan Sponsor: Community Hospital Of The Monterey Peninsula
- Sponsor EIN: 940760193
- Sponsor Address: 23625 HOLMAN HIGHWAY, MONTEREY, CA, 93940
- Plan Type: DB
- Total Participants: 780
- Total Assets: $764.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 780 | $764.2M | $21.5M | $0 |
| 2023 | 832 | $704.0M | $8.9M | $0 |
| 2022 | 907 | $632.9M | $61.1M | $0 |
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 |
|---|---|---|---|---|
| UNION BANK | NONE | $1,385,325 | — | $1,385,325 |
| WILLIS TOWERS WATSON US LLC | NONE | $277,231 | — | $277,231 |
| PRINCIPAL TRUST COMPANY | NONE | $240,104 | — | $240,104 |
| WELLS FARGO | NONE | $21,640 | — | $21,640 |
| PANTHEON USA | NONE | $14,278 | — | $14,278 |
| BAKER TILLY US, LLP | Auditor | $4,360 | — | $4,360 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — NONE
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,942,938
- Estimated Expense Ratio: 0.254% 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 | $3,831,738 | $1,399,603 | — | $4,360 | — |
| 2023 | $3,562,608 | $1,205,300 | — | $16,900 | — |
| 2022 | $3,296,892 | $1,311,382 | — | — | $609,397 |