Plan Snapshot
- Plan Sponsor: Hoag Medical Group, INC.
- Sponsor EIN: 900616722
- Sponsor Address: 2975 RED HILL AVE SUITE 175, COSTA MESA, CA, 92626
- Plan Type: 401(k)
- Total Participants: 286
- Total Assets: $46.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 286 | $46.8M | $1.8M | $6.2M |
| 2023 | 241 | $32.1M | $1.6M | $4.5M |
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 |
|---|---|---|---|---|
| SAGEVIEW | Investment Advisor | $43,750 | — | $43,750 |
| KPMG LLP | Auditor | $40,000 | — | $40,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $18,823 | — | $18,823 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $16,807 | — | $16,807 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW — Investment Advisor
- KPMG LLP — Auditor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,380
- Estimated Expense Ratio: 0.255% 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 | $119,380 | $16,807 | — | — | — |
| 2023 | $22,123 | $9,677 | — | — | — |