Complete Health Partners Holding 401(k) Review & Grade
Complete Health Partners 401(k) Plan
Jacksonville, FLHealth Care & Social Assistance810 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,008Employer $ per active participant
$4,485Employee $ saved per active participant
0.77%Direct admin cost, % of plan assets
$25.8MNet plan assets, end of year
$38,291Average balance per account
Score breakdown
- Employer generosity35.4 / 5071th percentile for employer $ per participant
- Low cost2.7 / 2511th percentile for low admin cost vs. same-size plans
- Employee saving11.0 / 1573th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 71th |
| Lower admin cost | 11th |
| Employee saving | 73th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Complete Health Partners Holding put in about $2,008 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.77% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,626,605 |
| Participant (employee) contributions | $3,632,665 |
| Other contributions (incl. rollovers in) | $3,862,663 |
| Administrative expenses paid from the plan | $162,385 |
| Investment advisory & management fees | $133,669 |
| Benefits paid out | $1,883,932 |
| Net assets, start / end of year | $16.2M / $25.8M |
| Active participants, start / end of year | 815 / 805 |
| Participants with account balances | 674 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Lbmc PC |
Largest service providers (Schedule C)
| Adp, Inc. | $93,019 reported compensation |
| Merrill Lynch Pierce Fenner & Smith | $70,292 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015065533NAL0008379106001, received 2025-10-15, EIN 87-2910533, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.