Pointe Group Care, LLC 401(k) Review & Grade
Pointe Group Care 401(k) Plan
Stoughton, MAHealth Care & Social Assistance1,262 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$187Employer $ per active participant
$1,611Employee $ saved per active participant
0.63%Direct admin cost, % of plan assets
$23.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity10.3 / 5021th percentile for employer $ per participant
- Low cost4.0 / 2516th percentile for low admin cost vs. same-size plans
- Employee saving5.3 / 1535th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score27 / 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 | 21th |
| Lower admin cost | 16th |
| Employee saving | 35th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $57,648 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Pointe Group Care put in about $187 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 (0.63% 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 | $235,398 |
| Participant (employee) contributions | $2,033,224 |
| Other contributions (incl. rollovers in) | $130,874 |
| Administrative expenses paid from the plan | $137,652 |
| Other admin expenses | $137,652 |
| Benefits paid out | $1,518,070 |
| Net assets, start / end of year | $20.4M / $23.6M |
| Active participants, start / end of year | 1,278 / 1,246 |
| Participants with account balances | 592 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Roth & Company |
Largest service providers (Schedule C)
| Park Avenue Securities LLC | $315,000 reported compensation |
| John Hancock Life Insurance Company | $7,022 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251001081634NAL0015758080001, received 2025-10-01, EIN 81-1715745, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.