Peak Vista Community Health Centers 401(k) Review & Grade
Peak Vista Community Health Centers 403(b) Plan
Colorado Springs, COHealth Care & Social Assistance768 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,387Employer $ per active participant
$5,212Employee $ saved per active participant
0.41%Direct admin cost, % of plan assets
$40.9MNet plan assets, end of year
$39,935Average balance per account
Score breakdown
- Employer generosity38.2 / 5076th percentile for employer $ per participant
- Low cost7.4 / 2530th percentile for low admin cost vs. same-size plans
- Employee saving12.1 / 1581th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score68 / 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 | 76th |
| Lower admin cost | 30th |
| Employee saving | 81th |
| 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
- Peak Vista Community Health Centers put in about $2,387 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 (0.41% 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 | $1,834,159 |
| Participant (employee) contributions | $4,005,230 |
| Other contributions (incl. rollovers in) | $541,847 |
| Administrative expenses paid from the plan | $168,501 |
| Investment advisory & management fees | $53,769 |
| Benefits paid out | $12,139,423 |
| Net assets, start / end of year | $41.7M / $40.9M |
| Active participants, start / end of year | 790 / 747 |
| Participants with account balances | 1,025 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Stockman Kast Ryan and Company |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $114,732 reported compensation |
| Global Retirement Partners LLC | $46,420 reported compensation |
| Empower Advisory Group, LLC | $7,349 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250925152606NAL0010677331001, received 2025-09-25, EIN 84-0617567, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.