Evangelical Community Hospital 401(k) Review & Grade
401(k) Plan of Evangelical Community Hospital
Lewisburg, PAHealth Care & Social Assistance1,928 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,035Employer $ per active participant
$6,381Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$227.8MNet plan assets, end of year
$92,567Average balance per account
Score breakdown
- Employer generosity35.6 / 5071th percentile for employer $ per participant
- Low cost15.5 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving13.5 / 1590th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score72 / 100 · Grade B
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 | 62th |
| Employee saving | 90th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $7,151 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Evangelical Community Hospital put in about $2,035 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $3,923,014 |
| Participant (employee) contributions | $12,301,967 |
| Other contributions (incl. rollovers in) | $1,190,297 |
| Administrative expenses paid from the plan | $342,339 |
| Contract administrator fees | $52,790 |
| Investment advisory & management fees | $152,585 |
| Other admin expenses | $200 |
| Benefits paid out | $23,900,577 |
| Net assets, start / end of year | $211.3M / $227.8M |
| Active participants, start / end of year | 1,943 / 1,913 |
| Participants with account balances | 2,461 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly Us,llp |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $221,304 reported compensation |
| Mma Securities LLC | $152,585 reported compensation |
| Baker Tilly US LLP | $15,435 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015132622NAL0002362627001, received 2025-10-15, EIN 24-0795411, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.