Hawthorn Senior Living, LLC 401(k) Review & Grade
Hawthorn Senior Living LLC 401(k) Plan
Vancouver, WAAccommodation & Food Services1,434 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$512Employer $ per active participant
$1,115Employee $ saved per active participant
1.06%Direct admin cost, % of plan assets
$14.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity35.9 / 5072th percentile for employer $ per participant
- Low cost1.4 / 256th percentile for low admin cost vs. same-size plans
- Employee saving9.8 / 1566th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 6th |
| Employee saving | 66th |
| Peers that auto-enroll | 17% |
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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
- Hawthorn Senior Living put in about $512 per active participant, more than the typical peer ($266). 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 (1.06% 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 | $734,454 |
| Participant (employee) contributions | $1,598,838 |
| Other contributions (incl. rollovers in) | $59,977 |
| Administrative expenses paid from the plan | $143,868 |
| Contract administrator fees | $83,120 |
| Investment advisory & management fees | $19,122 |
| Other admin expenses | $194 |
| Benefits paid out | $2,158,029 |
| Net assets, start / end of year | $12.7M / $14.5M |
| Active participants, start / end of year | 1,405 / 1,462 |
| Participants with account balances | 449 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Redw LLC |
Largest service providers (Schedule C)
| Voya Retirement Insurance and Annui | $68,242 reported compensation |
| Redw LLC | $24,000 reported compensation |
| Independent Retirement | $21,684 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250730180327NAL0002126179001, received 2025-07-30, EIN 37-1860512, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.