Plan Snapshot
- Plan Sponsor: Southern California Permanente Medical Group
- Sponsor EIN: 951750445
- Sponsor Address: 393 E. WALNUT STREET 3RD FLOOR, PASADENA, CA, 91188
- Plan Type: 401(k)
- Total Participants: 18,579
- Total Assets: $6.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 18,579 | $6.5B | $19.6M | $338.1M |
| 2023 | 17,983 | $5.6B | $19.2M | $309.4M |
| 2022 | 17,167 | $4.7B | $16.7M | $280.1M |
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 |
|---|---|---|---|---|
| FINANCIAL ENGINES INC. | Other Service Provider | $1,854,318 | — | $1,854,318 |
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $91,213 | — | $91,213 |
| FINANCIAL ENGINES ADVISORS LLC | Other Service Provider | $29,209 | — | $29,209 |
| EWG ELEVATE INC | Other Service Provider | $27,545 | — | $27,545 |
| AT INVESTMENT ADVISERS INC | Other Service Provider | $26,858 | — | $26,858 |
| DESTINATION WEALTH MANAGEMENT | Other Service Provider | $25,818 | — | $25,818 |
| MOSS ADAMS LLP | Recordkeeper | $21,203 | — | $21,203 |
| ANGELES INVESTMENT ADVISORS LL | Other Service Provider | $21,071 | — | $21,071 |
| ONE CAPITAL MANAGEMENT LLC | Other Service Provider | $16,654 | — | $16,654 |
| FIRST NATIONAL ADVISORS LLC | Investment Advisor | $13,834 | — | $13,834 |
| SEYFARTH SHAW LLP | Investment Advisor | $13,622 | — | $13,622 |
| CAPITAL INSIGHT PARTNERS LLC | Other Service Provider | $13,620 | — | $13,620 |
| CHARLES SCHWAB & CO., INC. | Recordkeeper | $11,076 | $2,384 | $13,460 |
| JP MORGAN PRIVATE WEALTH ADVISOR | Other Service Provider | $13,115 | — | $13,115 |
| MORNINGSTAR INVESTMENT SERVICE | Other Service Provider | $12,447 | — | $12,447 |
| SIGNATURE ESTATE & INVESTMENT | Other Service Provider | $11,019 | — | $11,019 |
| CERDA MUNOZ ADVISORS INC | Other Service Provider | $10,951 | — | $10,951 |
| THE RICE PARTNERSHIP LLC | Other Service Provider | $10,420 | — | $10,420 |
| EP WEALTH ADVISORS LLC | Other Service Provider | $10,079 | — | $10,079 |
| THE HELMSTAR GROUP LLC | Other Service Provider | $8,515 | — | $8,515 |
| VESTIA ADVISORS LLC | Investment Advisor | $8,036 | — | $8,036 |
| MIRACLE MILE ADVISORS LLC | Other Service Provider | $7,959 | — | $7,959 |
| OPTIMA CAPITAL MANAGEMENT LLC | Other Service Provider | $7,697 | — | $7,697 |
| ENVESTNET ASSET MANAGEMENT INC | Other Service Provider | $7,443 | — | $7,443 |
| CORIENT PRIVATE WEALTH LLC | Investment Advisor | $6,259 | — | $6,259 |
| FISHER INVESTMENTS | Recordkeeper | $6,249 | — | $6,249 |
| THE RETIREMENT PLANNING GROUP | Other Service Provider | $5,471 | — | $5,471 |
| LEE FINANCIAL GROUP HAWAII INC | Other Service Provider | $5,261 | — | $5,261 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
- MOSS ADAMS LLP — Recordkeeper
- FIRST NATIONAL ADVISORS LLC — Investment Advisor
- SEYFARTH SHAW LLP — Investment Advisor
- CHARLES SCHWAB & CO., INC. — Recordkeeper
- VESTIA ADVISORS LLC — Investment Advisor
- CORIENT PRIVATE WEALTH LLC — Investment Advisor
- FISHER INVESTMENTS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,299,346
- Estimated Expense Ratio: 0.035% 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 | $2,359,591 | $2,265,902 | $5,072 | $21,203 | — |
| 2023 | $1,869,640 | $1,819,168 | $15,800 | — | — |
| 2022 | $1,978,226 | $1,826,268 | — | — | $38,858 |