Lifecare Home Health Intermediate Sub LLC 401(k) Review & Grade
Lifecare Home Health Family 401(k) Retirement Plan
Irving, TXHealth Care & Social Assistance558 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$205Employer $ per active participant
$1,730Employee $ saved per active participant
2.34%Direct admin cost, % of plan assets
$2.7MNet plan assets, end of year
$3,871Average balance per account
Score breakdown
- Employer generosity10.8 / 5022th percentile for employer $ per participant
- Low cost0.2 / 251th percentile for low admin cost vs. same-size plans
- Employee saving5.6 / 1537th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score20 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 22th |
| Lower admin cost | 1th |
| Employee saving | 37th |
| 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
- Lifecare Home Health Intermediate Sub put in about $205 per active participant, below the typical peer ($976). Any match is still an instant return, so contribute enough to get all of it.
- 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 (2.34% 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 | $114,189 |
| Participant (employee) contributions | $964,268 |
| Other contributions (incl. rollovers in) | $6,116 |
| Administrative expenses paid from the plan | $52,616 |
| Investment advisory & management fees | $9,188 |
| Benefits paid out | $450,807 |
| Net assets, start / end of year | $1.8M / $2.7M |
| Active participants, start / end of year | 538 / 577 |
| Participants with account balances | 688 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Templeton & Co |
Largest service providers (Schedule C)
| Admin. Group, LLC DBA Tag Resources | $30,268 reported compensation |
| Transamerica Financial Life Ins | $13,160 reported compensation |
| Osaic Wealth | $8,106 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013101915NAL0000470835001, received 2025-10-13, EIN 81-5354112, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.