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 |
|---|---|---|---|---|
| JP MORGAN INVESTMENT MANAGEMENT INC | Recordkeeper | $2,951,969 | — | $2,951,969 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $767,953 | — | $767,953 |
| NORTHERN TRUST COMPANY | Other Service Provider | $247,880 | — | $247,880 |
| ADVENT INTERNATIONAL GPE X-C LIMITE | Other Service Provider | $185,848 | — | $185,848 |
| STGVI-A, L.P | Other Service Provider | $153,365 | — | $153,365 |
| MILL POINT CAPITAL PARTNERS II-A | Other Service Provider | $121,522 | — | $121,522 |
| FRONTEC XII PRIVATE CAPITAL (PARALL | Other Service Provider | $100,641 | — | $100,641 |
| UNICORN PARTNERS FUND IV LP | Other Service Provider | $59,904 | — | $59,904 |
| 5Y CAPITAL EVOLUTION | Other Service Provider | $59,285 | — | $59,285 |
| ERNST & YOUNG LLP | Auditor | $56,300 | — | $56,300 |
| EMK CAPITAL PARTNERS II - B, LP | Other Service Provider | $54,533 | — | $54,533 |
| PONTIFAX GLOBAL FOOD AND AGRICULTUR | Other Service Provider | $50,825 | — | $50,825 |
| DALFEN LAST MILE INDUSTRIAL FUND IV | Other Service Provider | $49,828 | — | $49,828 |
| BAIN CAPITAL FUND XIII, LP | Other Service Provider | $41,200 | — | $41,200 |
| 5Y CAPITAL GROWTH | Other Service Provider | $40,996 | — | $40,996 |
| THOMA BRAVO FUND XIV-A, LP | Other Service Provider | $32,241 | — | $32,241 |
| BOND II, LP | Other Service Provider | $26,538 | — | $26,538 |
| REAMS ASSET MANAGEMENT | Other Service Provider | $18,907 | — | $18,907 |
| UNICORN PARTNERS FUND III, LP | Other Service Provider | $16,455 | — | $16,455 |
| INCOME RESEARCH & MGMT. INC | Other Service Provider | $12,315 | — | $12,315 |
| AEA INVESTORS SBF IV LP | Other Service Provider | $11,833 | — | $11,833 |
| KLCP OFFSHORE FUND LP | Other Service Provider | $10,000 | — | $10,000 |
| STATE STREET GLOBAL ADVISORS TRUST | Other Service Provider | $8,683 | — | $8,683 |
| OCEAN AVENUE FUND IV CAYMAN, LP | Other Service Provider | $5,739 | — | $5,739 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN INVESTMENT MANAGEMENT INC — Recordkeeper
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,084,760
- Estimated Expense Ratio: 0.571% 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 |