Plan Snapshot
- Plan Sponsor: Trustees Of The San Diego City Employees Retiree Medical Trust
- Sponsor EIN: 454698959
- Sponsor Address: 221 N WALL STREET, SUITE 201, SPOKANE, WA, 99201
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,068
- Total Assets: $288.8M
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 | 1,068 | $288.8M | $17.2M | $0 |
| 2023 | 1,070 | $272.2M | $15.8M | $0 |
| 2022 | 1,038 | $240.4M | $17.3M | $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 |
|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES INC. | Recordkeeper | $303,188 | — | $303,188 |
| RBC WEALTH MANAGEMENT | Recordkeeper | $75,000 | — | $75,000 |
| WEINBERG ROGER & ROSENFELD | Other Service Provider | $48,000 | — | $48,000 |
| CLIFTONLARSONALLEN LLP | Auditor | $38,829 | — | $38,829 |
| CHEIRON, INC. | Other Service Provider | $17,000 | — | $17,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SERVICES INC. — Recordkeeper
- RBC WEALTH MANAGEMENT — Recordkeeper
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $482,017
- Estimated Expense Ratio: 0.167% 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 | $492,075 | $75,000 | $290,233 | $38,829 | — |
| 2023 | $470,278 | $75,000 | $275,214 | $31,273 | — |
| 2022 | $441,503 | $75,000 | $259,370 | — | $71,867 |