Pivotal Health Care, LLC 401(k) Review & Grade
Elevate 401(k) Plan
Overland Park, KSHealth Care & Social Assistance810 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$666Employer $ per active participant
$2,118Employee $ saved per active participant
0.99%Direct admin cost, % of plan assets
$10.6MNet plan assets, end of year
$12,361Average balance per account
Score breakdown
- Employer generosity20.5 / 5041th percentile for employer $ per participant
- Low cost1.6 / 257th percentile for low admin cost vs. same-size plans
- Employee saving6.5 / 1543th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score29 / 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 | 41th |
| Lower admin cost | 7th |
| Employee saving | 43th |
| 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
Late deposits: the filing says some employee contributions were not sent to the plan on time ($25,616 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Pivotal Health Care put in about $666 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 (0.99% 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $539,488 |
| Participant (employee) contributions | $1,714,262 |
| Other contributions (incl. rollovers in) | $24,899 |
| Administrative expenses paid from the plan | $96,177 |
| Contract administrator fees | $96,177 |
| Benefits paid out | $1,317,912 |
| Net assets, start / end of year | $8.8M / $10.6M |
| Active participants, start / end of year | 827 / 792 |
| Participants with account balances | 856 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pickett, Chaney & Mcmullen, LLP |
Largest service providers (Schedule C)
| Erisa Services Midwest, LLC | $58,054 reported compensation |
| Empower Annuity Ins. Co. of America | $46,829 reported compensation |
| Prevail Innovative Wealth Advisors | $23,996 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014132639NAL0003024017001, received 2025-10-14, EIN 27-1612029, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.