Suncrest Health Services LLC 401(k) Review & Grade
Suncrest Health Services LLC 401(k) Plan
Sandy, UTHealth Care & Social Assistance1,242 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,411Employer $ per active participant
$3,115Employee $ saved per active participant
0.76%Direct admin cost, % of plan assets
$22.9MNet plan assets, end of year
$34,549Average balance per account
Score breakdown
- Employer generosity29.9 / 5060th percentile for employer $ per participant
- Low cost2.7 / 2511th percentile for low admin cost vs. same-size plans
- Employee saving8.7 / 1558th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 60th |
| Lower admin cost | 11th |
| Employee saving | 58th |
| 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
- Suncrest Health Services put in about $1,411 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 (0.76% 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.
- 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 | $1,751,690 |
| Participant (employee) contributions | $3,866,749 |
| Other contributions (incl. rollovers in) | $890,994 |
| Administrative expenses paid from the plan | $149,612 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $101,983 |
| Benefits paid out | $2,030,276 |
| Net assets, start / end of year | $16.2M / $22.9M |
| Active participants, start / end of year | 1,742 / 741 |
| Participants with account balances | 664 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Richey, May & Co., LLP |
Largest service providers (Schedule C)
| LPL Financial LLC | $89,763 reported compensation |
| Fidelity Investments Institutional | $47,629 reported compensation |
| Strategic Advisors, Inc. | $12,220 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014183516NAL0003579921001, received 2025-10-14, EIN 46-1848782, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.