Guam Healthcare Development, Inc. 401(k) Review & Grade
Guam Regional Medical City 401(k) Retirement Savings Plan
Hagatna, GUHealth Care & Social Assistance938 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,698Employer $ per active participant
$6,421Employee $ saved per active participant
0.69%Direct admin cost, % of plan assets
$42.1MNet plan assets, end of year
$39,609Average balance per account
Score breakdown
- Employer generosity40.1 / 5080th percentile for employer $ per participant
- Low cost3.3 / 2513th percentile for low admin cost vs. same-size plans
- Employee saving13.6 / 1591th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score67 / 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 | 80th |
| Lower admin cost | 13th |
| Employee saving | 91th |
| Peers that auto-enroll | 36% |
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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
- Guam Healthcare Development put in about $2,698 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 (0.69% 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.
- 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 | $2,532,450 |
| Participant (employee) contributions | $6,026,160 |
| Other contributions (incl. rollovers in) | $332,378 |
| Administrative expenses paid from the plan | $255,664 |
| Contract administrator fees | $12,500 |
| Benefits paid out | $2,809,133 |
| Net assets, start / end of year | $31.8M / $42.1M |
| Active participants, start / end of year | 942 / 935 |
| Participants with account balances | 1,062 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Burger Comer Magliari, Inc. |
Largest service providers (Schedule C)
| Asc Trust, LLC | $255,664 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006203745NAL0002131011001, received 2025-10-06, EIN 66-0768469, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.