Plan Snapshot
- Plan Sponsor: Pacific Clinics
- Sponsor EIN: 942295953
- Sponsor Address: 499 LOMA ALTA AVENUE, LOS GATOS, CA, 95030
- Plan Type: 401(k)
- Total Participants: 2,308
- Total Assets: $126.5M
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 | 2,308 | $126.5M | $4.9M | $10.7M |
| 2023 | 2,042 | $106.3M | $4.9M | $10.0M |
| 2022 | 106 | $11.7M | $0 | $133,569 |
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 |
|---|---|---|---|---|
| NICHOLS, RICK AND COMPANY, CPA'S | Auditor | $15,500 | — | $15,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,500
- Estimated Expense Ratio: 0.012% 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 | $197,606 | $22,641 | — | $15,500 | — |
| 2023 | $220,825 | $12,522 | — | $68,080 | — |
| 2022 | $19,582 | $974 | $1,808 | — | $16,800 |