Plan Snapshot
- Plan Sponsor: Scripps Clinic Medical Group, INC.
- Sponsor EIN: 952885574
- Sponsor Address: 10666 NORTH TORREY PINES ROAD, LA JOLLA, CA, 92037
- Plan Type: 401(k)
- Total Participants: 1,073
- Total Assets: $962.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,073 | $962.1M | $27.1M | $18.7M |
| 2023 | 1,136 | $834.8M | $26.3M | $16.8M |
| 2022 | 1,102 | $661.1M | $23.8M | $14.7M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $603,920 | — | $603,920 |
| DEL MAR WEALTH MANAGEMENT | Other Service Provider | $255,849 | — | $255,849 |
| HOYLECOHEN LLC | Other Service Provider | $120,215 | — | $120,215 |
| CORIENT PRIVATE WEALTH LLC | Investment Advisor | $86,303 | — | $86,303 |
| BLANKINSHIP & FOSTER LLC | Other Service Provider | $83,744 | — | $83,744 |
| FISHER INVESTMENTS | Recordkeeper | $60,909 | — | $60,909 |
| CIBC PRIVATE WEALTH ADVISORS I | Other Service Provider | $51,596 | — | $51,596 |
| EP WEALTH ADVISORS LLC | Other Service Provider | $49,830 | — | $49,830 |
| WEATHERLY ASSET MANAGEMENT LP | Other Service Provider | $45,245 | — | $45,245 |
| INDEPENDENT FINANCIAL GROUP LL | Other Service Provider | $31,031 | — | $31,031 |
| CHARLES SCHWAB & CO., INC. | Recordkeeper | $27,883 | $6 | $27,889 |
| ASPIRIANT LLC | Other Service Provider | $20,379 | — | $20,379 |
| IFG ADVISORS LLC | Other Service Provider | $20,185 | — | $20,185 |
| 25 LLC | Other Service Provider | $18,432 | — | $18,432 |
| PURE FINANCIAL ADVISORS LLC | Other Service Provider | $17,445 | — | $17,445 |
| SPINNAKER INVESTMENT GROUP LLC | Other Service Provider | $14,355 | — | $14,355 |
| CARLSBAD WEALTH ADVISORY GROUP | Other Service Provider | $13,889 | — | $13,889 |
| FINANCIAL ALTERNATIVES INC | Other Service Provider | $13,108 | — | $13,108 |
| STOLPER & COMPANY INC | Other Service Provider | $12,604 | — | $12,604 |
| IMPACT INVESTORS INC | Other Service Provider | $11,274 | — | $11,274 |
| SAGE FINANCIAL GROUP INC | Other Service Provider | $9,355 | — | $9,355 |
| PROCORE ADVISORS LLC | Other Service Provider | $8,981 | — | $8,981 |
| FORT PITT CAPITAL GROUP LLC | Other Service Provider | $8,184 | — | $8,184 |
| DEW POINT CAPITAL INC | Other Service Provider | $8,057 | — | $8,057 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
- CORIENT PRIVATE WEALTH LLC — Investment Advisor
- FISHER INVESTMENTS — Recordkeeper
- CHARLES SCHWAB & CO., INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,592,779
- Estimated Expense Ratio: 0.166% 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 | $1,799,989 | $1,799,289 | — | — | — |
| 2023 | $1,534,432 | $1,533,832 | — | — | — |
| 2022 | $1,538,952 | $925,665 | — | — | — |