Lone Star Circle of Care 401(k) Review & Grade
Lone Star Circle of Care 403(b) Employees' Retirement Plan
Georgetown, TXHealth Care & Social Assistance716 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,104Employer $ per active participant
$3,789Employee $ saved per active participant
0.81%Direct admin cost, % of plan assets
$29.4MNet plan assets, end of year
$34,000Average balance per account
Score breakdown
- Employer generosity26.4 / 5053th percentile for employer $ per participant
- Low cost2.5 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving9.8 / 1565th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score49 / 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 | 53th |
| Lower admin cost | 10th |
| Employee saving | 65th |
| 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
- Lone Star Circle of Care put in about $1,104 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 (0.81% 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 | $791,314 |
| Participant (employee) contributions | $2,714,736 |
| Other contributions (incl. rollovers in) | $183,795 |
| Administrative expenses paid from the plan | $224,724 |
| Investment advisory & management fees | $83,706 |
| Benefits paid out | $4,016,256 |
| Net assets, start / end of year | $26.4M / $29.4M |
| Active participants, start / end of year | 692 / 741 |
| Participants with account balances | 866 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $141,018 reported compensation |
| World Investment Advisors LLC | $60,578 reported compensation |
| Empower Advisory Group, LLC | $23,128 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015105641NAL0004647361001, received 2025-10-15, EIN 74-3001674, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.