Plan Snapshot
- Plan Sponsor: Sharp Rees-Stealy Medical Group, INC
- Sponsor EIN: 330106028
- Sponsor Address: 5651 COPLEY DRIVE, SUITE A, SAN DIEGO, CA, 92111
- Plan Type: DB
- Total Participants: 254
- Total Assets: $55.4M
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 | 254 | $55.4M | $6.8M | $0 |
| 2023 | 251 | $49.4M | $7.5M | $0 |
| 2022 | 248 | $41.4M | $7.7M | $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 |
|---|---|---|---|---|
| KRAVITZ, LLC | Recordkeeper | $81,525 | — | $81,525 |
| MG TRUST COMPANY D/B/A MATRIX TRUST | Custodian / Trustee | $61,336 | — | $61,336 |
| MATRIX FINANCIAL SOLUTIONS (MFS) | Recordkeeper | $27,322 | — | $27,322 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KRAVITZ, LLC — Recordkeeper
- MG TRUST COMPANY D/B/A MATRIX TRUST — Custodian / Trustee
- MATRIX FINANCIAL SOLUTIONS (MFS) — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $170,183
- Estimated Expense Ratio: 0.307% 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 | $199,574 | $61,336 | — | — | — |
| 2023 | $281,276 | $153,856 | — | $9,000 | — |
| 2022 | $269,888 | $126,511 | — | — | $119,881 |