The Short AnswerTyler Ostrovsky grew up in Simi Valley and now runs 19th Hole Financial from Moorpark. In the 2024 Department of Labor filings, 10 Simi Valley employers sponsor a small defined benefit or cash balance plan, and the median reports $1,728,376 in plan assets. Planning is in person around Ventura County or on Zoom.
Why Does Simi Valley Matter To This Practice?
Tyler grew up in Simi Valley and played for Simi Valley High School before heading to Lafayette College in Pennsylvania. His golf career took him from there to turning pro in 2012 and to PGA Tour Canada status in 2014 and 2016. Today 19th Hole Financial is based in neighboring Moorpark.
The same planning work serves everyone here: owners with a profitable company, executives with vesting stock and professionals with a pre-tax retirement balance. Start with who Tyler plans for, or read his story.
How Many Simi Valley Employers Sponsor Small Pension Plans?
The Department of Labor publishes Form 5500 filings, and plans with a Schedule SB report their funding. We read the 2024 filings for small defined benefit plans, cash balance plans included: 25 or fewer participants and a target normal cost (the actuary's measure of the cost of benefits earned in the year) of at least $100,000.
Simi Valley has 10 employers in that group, with $24,474,062 in assets reported across their plans. The median employer reports $1,728,376, lower than the $2,402,250 median across all 115 Ventura County employers. The median target normal cost is $239,841, slightly above the county's $233,899. What explains the gap, whether plan age, participants or something else, is a question for an actuary.
Why Does Wholesale Distribution Show Up In Simi Valley?
Three of the 10 Simi Valley filers are healthcare practices and three are wholesale distributors. Two are professional services firms, one is in arts and recreation and one in administrative and support services. Wholesale distribution accounts for 10 of the 115 across the county, so three of 10 here is a heavier share than the county shows.
Distribution companies carry inventory and payroll, and their owners can compare a cash balance plan with other options, and a sale one day makes advanced tax mitigation strategies and the plan's fate part of the same conversation.
What Can Ten Filings Show, And What Can They Leave Out?
Ten is a small group, and one employer moves the median. Four of the 10 report plan assets above 125% of the funding target, the actuary's measure of what the plan owes for benefits earned so far, and none is marked as terminating. A business whose filing lists a different city, Westlake Village included, is outside the data, so the employer counts are floors.
The data covers filers only. It says nothing about the income of any owner, and it excludes businesses with no plan of this kind. Treat it as a map of what exists locally, and ask a CPA what applies to one business.
Which Questions Fit A Simi Valley Owner Or Executive?
- For an owner: how old is each plan, and which participants does it cover?
- For an owner heading toward a sale: which plan, entity and timing questions come up before the sale year?
- For an executive: how do bonuses, stock vesting and deferred pay land in the same tax year?
- For anyone with a pre-tax balance: how will the withdrawals be taxed when they start?
See tax planning for executives and tax planning for business owners. The Second Bill covers the tax that arrives when pre-tax money comes out, and the Tax Scorecard shows both bills on your own numbers.
Can We Meet In Simi Valley?
Meetings run in person around Ventura County, which includes Simi Valley, or on Zoom. The first call is 30 minutes and covers your income, your goals and what you already have, and the five planning meetings follow. Your CPA and advisors stay on the team. Book the first call, or see all of Ventura County.
Common Questions
Is Tyler from Simi Valley?
Yes. He grew up in Simi Valley and played for Simi Valley High School. His story runs from there through Lafayette College to professional golf, and now to a practice in Moorpark.
Does Simi Valley have fewer pension plans than Thousand Oaks?
In the filings we read, yes: 10 Simi Valley employers against 42 in Thousand Oaks and Newbury Park. The count is for plans that meet the study criteria and it is a floor.
Do I need a cash balance plan if I own a company in Simi Valley?
Many owners do not have one. When a business has eligible employees, participation and coverage rules can require benefits beyond the owner. A CPA and an actuary can say whether the design fits, and the page on cash balance plans explains how they work.
