Plan Snapshot
- Plan Sponsor: Torrance Health Association
- Sponsor EIN: 330073515
- Sponsor Address: 3330 LOMITA BOULEVARD, TORRANCE, CA, 905055073
- Plan Type: DC
- Total Participants: 5,204
- Total Assets: $115.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 5,204 | $115.2M | $23.9M | $0 |
| 2023 | 5,096 | $86.8M | $18.7M | $0 |
| 2022 | 5,063 | $62.8M | $18.2M | $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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $167,087 | — | $167,087 |
| COMMERCIAL SUPPORT SERVICES | SERVICE PROVIDER | $11,163 | — | $11,163 |
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $178,250
- Estimated Expense Ratio: 0.155% 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 | $178,250 | — | $178,250 | — | — |
| 2023 | $132,102 | — | $132,102 | — | — |
| 2022 | $115,437 | — | $115,437 | — | — |