Plan Snapshot
- Plan Sponsor: Cottage Health
- Sponsor EIN: 770431902
- Sponsor Address: P.O BOX 689, SANTA BARBARA, CA, 931020689
- Plan Type: DB
- Total Participants: 3,796
- Total Assets: $890.4M
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 | 3,796 | $890.4M | $306 | $18.6M |
| 2023 | 3,623 | $834.8M | $858 | $18.5M |
| 2022 | 3,446 | $747.9M | $285,977 | $18.5M |
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 |
|---|---|---|---|---|
| ERNST & YOUNG LLP | Auditor | $56,300 | — | $56,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,300
- Estimated Expense Ratio: 0.006% 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 | $5,615,314 | $4,012,840 | $610,530 | $56,300 | — |
| 2023 | $3,173,343 | $1,760,971 | $636,391 | $54,700 | — |
| 2022 | $3,520,672 | $2,200,221 | — | — | $775,592 |