Plan Snapshot
- Plan Sponsor: Cottage Health
- Sponsor EIN: 770431902
- Sponsor Address: P.O. BOX 689, SANTA BARBARA, CA, 93102
- Plan Type: 401(k)
- Total Participants: 2,610
- Total Assets: $102.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,610 | $102.0M | $5.4M | $18.6M |
| 2023 | 2,253 | $69.7M | $4.4M | $14.8M |
| 2022 | 1,886 | $40.9M | $3.1M | $11.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $189,482 | — | $189,482 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $37,234 | — | $37,234 |
| ERNST AND YOUNG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- ERNST AND YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $226,716
- Estimated Expense Ratio: 0.222% 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 | $226,417 | $37,234 | $1,200 | — | — |
| 2023 | $183,009 | $21,819 | — | — | — |
| 2022 | $138,563 | $10,267 | — | — | — |