PT Solutions Holdings, LLC 401(k) Review & Grade
PT Solutions Holdings, LLC 401(k) Plan
Atlanta, GAHealth Care & Social Assistance3,716 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3Employer $ per active participant
$3,296Employee $ saved per active participant
0.64%Direct admin cost, % of plan assets
$65.4MNet plan assets, end of year
$23,248Average balance per account
Score breakdown
- Employer generosity4.7 / 509th percentile for employer $ per participant
- Low cost2.2 / 259th percentile for low admin cost vs. same-size plans
- Employee saving8.2 / 1555th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score22 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 9th |
| Lower admin cost | 9th |
| Employee saving | 55th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Corrective distributions: the plan refunded $56,511 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- PT Solutions Holdings put in about $3 per active participant, below the typical peer ($800). 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 (0.64% of assets) are well above similar-size plans (0.12%). 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 | $12,252 |
| Participant (employee) contributions | $12,244,591 |
| Other contributions (incl. rollovers in) | $2,651,959 |
| Administrative expenses paid from the plan | $330,655 |
| Benefits paid out | $5,187,350 |
| Net assets, start / end of year | $37.5M / $65.4M |
| Active participants, start / end of year | 2,365 / 5,066 |
| Participants with account balances | 2,814 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Warren Averett LLC |
Largest service providers (Schedule C)
| John Hancock Life Insurance Company | $329,780 reported compensation |
| Financial Consulting Group | $27,182 reported compensation |
| Fidelity Investments Institutional | $825 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015122317NAL0004830721001, received 2025-10-15, EIN 20-2092663, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.