Employer · plans filed under one EIN
Cottage Health
Santa Barbara, CA · Health care and social assistance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
3 retirement plans with 100 or more participants file Form 5500 under Cottage Health's employer identification number (Santa Barbara, California). Their latest filings total 10,519 participant records and $1.06B in net assets.
The largest is Cottage Health Pension Plan, a cash balance pension plan with 5,426 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $5.4M and participant contributions $47.8M in the latest plan years; benefits paid were $37.8M. Schedule C compensation reported to service provider organisations totalled $5.4M.
Combined net assets moved from $449M in 2017 to $1.06B in 2024 (up 135%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Cottage Health Pension Plan | cash balance pension plan | 2024 | 5,426 | $886M | $163,303 | $0 | $5.1M |
| Myfuture 401(k) Retirement Savings Plan | 401(k) plan | 2024 | 2,986 | $102M | $34,148 | $2,076 | $227K |
| Cottage Health 403(b) Retirement Savings Plan | 401(k) plan | 2024 | 2,107 | $67.0M | $31,816 | $0 | $97K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 3 | 10,519 | $1.06B | $5.4M | $47.8M |
| 2023 | 3 | 10,114 | $957M | $4.4M | $43.4M |
| 2022 | 3 | 9,425 | $824M | $3.4M | $39.4M |
| 2021 | 3 | 9,066 | $941M | $32.2M | $36.1M |
| 2020 | 3 | 8,706 | $811M | $31.4M | $30.6M |
| 2019 | 2 | 4,866 | $656M | $67.5M | $17.7M |
| 2018 | 1 | 4,402 | $503M | $80.0M | $12.5M |
| 2017 | 1 | 4,285 | $449M | $70.0M | $13.0M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| JP Morgan Investment Management Inc. | Investment management | 1 | $2,951,969 |
| Willis Towers Watson US LLC | Actuarial; Recordkeeping and information management | 1 | $767,953 |
| Fidelity Investments Institutional | Participant loan processing | 2 | $258,007 |
| Northern Trust Company | Trustee (bank, trust company, or similar financial institution) | 1 | $247,880 |
| Advent International Gpe X-C Limite | Investment management | 1 | $185,848 |
| Stgvi-A, L.P | Investment management | 1 | $153,365 |
| Mill Point Capital Partners Ii-A | Investment management | 1 | $121,522 |
| Frontec Xii Private Capital (Parall | Investment management | 1 | $100,641 |
| Strategic Advisors, Inc. | Investment advisory (plan) | 2 | $66,037 |
| Unicorn Partners Fund IV LP | Investment management | 1 | $59,904 |
| 5Y Capital Evolution | Investment management | 1 | $59,285 |
| Ernst & Young LLP | Accounting (including auditing) | 1 | $56,300 |
| Emk Capital Partners II - B, LP | Investment management | 1 | $54,533 |
| Pontifax Global Food and Agricultur | Investment management | 1 | $50,825 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Cottage Health have?
3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Cottage Health Pension Plan, Myfuture 401(k) Retirement Savings Plan and Cottage Health 403(b) Retirement Savings Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Cottage Health contribute to its plans?
$5,418,391 in employer contributions across these plans in their latest plan years, about $646 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name JP Morgan Investment Management Inc., Willis Towers Watson US LLC, Fidelity Investments Institutional and Northern Trust Company and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.