Plan Snapshot
- Plan Sponsor: Sharp Healthcare
- Sponsor EIN: 956077327
- Sponsor Address: 8695 SPECTRUM CENTER BLVD., SAN DIEGO, CA, 921231489
- Plan Type: 401(k)
- Total Participants: 20,711
- Total Assets: $1.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 20,711 | $1.4B | $35.6M | $72.4M |
| 2023 | 20,059 | $1.2B | $32.0M | $66.6M |
| 2022 | 19,124 | $998.2M | $31.6M | $60.1M |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS, LLC | RECORDKEEPER | $936,304 | — | $936,304 |
| RUSSELL INVESTMENTS TRUST COMPANY | TRUSTEE | — | $274,723 | $274,723 |
| BDO USA,PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS, LLC — RECORDKEEPER
- RUSSELL INVESTMENTS TRUST COMPANY — TRUSTEE
- BDO USA,PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,211,027
- Estimated Expense Ratio: 0.087% 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 | $1,205,400 | — | — | — | — |
| 2023 | $743,463 | — | — | — | — |
| 2022 | $736,335 | — | $736,335 | — | — |