Plan Snapshot
- Plan Sponsor: Sharp Rees-Stealy Medical Group, INC.
- Sponsor EIN: 330106028
- Sponsor Address: 5651 COPLEY DR, SUITE A, SAN DIEGO, CA, 92111
- Plan Type: 401(k)
- Total Participants: 848
- Total Assets: $246.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 848 | $246.0M | $6.3M | $7.1M |
| 2023 | 659 | $214.5M | $5.8M | $0 |
| 2022 | 481 | $90.1M | $5.5M | $0 |
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 |
|---|---|---|---|---|
| CHARLES SCHWAB | Recordkeeper | $187,497 | — | $187,497 |
| MORGAN STANLEY | Recordkeeper | $71,894 | — | $71,894 |
| LPL FINANCIAL | Recordkeeper | $35,166 | — | $35,166 |
| WELLS FARGO | Other Service Provider | $28,420 | — | $28,420 |
| NWPS | Recordkeeper | $26,412 | — | $26,412 |
| FIDELITY | Other Service Provider | $25,216 | — | $25,216 |
| STIFEL NICOLAUS & CO | Investment Advisor | $19,473 | — | $19,473 |
| PERSHING | Investment Advisor | $10,995 | — | $10,995 |
| MERRILL LYNCH | Investment Advisor | $10,956 | — | $10,956 |
| RAYMOND JAMES & ASSOCIATES | Investment Advisor | $10,825 | — | $10,825 |
| UBS FINANCIAL | Recordkeeper | $7,920 | — | $7,920 |
| ASSETMARK TRUST COMPANY | Other Service Provider | $6,917 | — | $6,917 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB — Recordkeeper
- MORGAN STANLEY — Recordkeeper
- LPL FINANCIAL — Recordkeeper
- NWPS — Recordkeeper
- STIFEL NICOLAUS & CO — Investment Advisor
- PERSHING — Investment Advisor
- MERRILL LYNCH — Investment Advisor
- RAYMOND JAMES & ASSOCIATES — Investment Advisor
- UBS FINANCIAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $441,691
- Estimated Expense Ratio: 0.180% 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 | $457,145 | $457,145 | — | — | — |
| 2023 | $358,873 | $350,047 | $4,402 | — | — |
| 2022 | $382,771 | $368,616 | $4,059 | — | — |