Texas Health Care, P.L.L.C. 401(k) Review & Grade
Texas Health Care, P.L.L.C. 401(k) Retirement Plan
Fort Worth, TXHealth Care & Social Assistance1,122 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,193Employer $ per active participant
$6,331Employee $ saved per active participant
0.51%Direct admin cost, % of plan assets
$110.2MNet plan assets, end of year
$92,418Average balance per account
Score breakdown
- Employer generosity27.5 / 5055th percentile for employer $ per participant
- Low cost5.7 / 2523th percentile for low admin cost vs. same-size plans
- Employee saving13.5 / 1590th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score47 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 55th |
| Lower admin cost | 23th |
| Employee saving | 90th |
| 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 ($340,495 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
- Texas Health Care, P.L.L.C. put in about $1,193 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 (0.51% 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 | $1,339,218 |
| Participant (employee) contributions | $7,106,951 |
| Other contributions (incl. rollovers in) | $786,422 |
| Administrative expenses paid from the plan | $522,215 |
| Contract administrator fees | $522,215 |
| Benefits paid out | $8,785,657 |
| Net assets, start / end of year | $96.0M / $110.2M |
| Active participants, start / end of year | 1,146 / 1,099 |
| Participants with account balances | 1,192 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Taylor & Associates, LLC |
Largest service providers (Schedule C)
| Prime Capital Investment Advisors | $256,879 reported compensation |
| J Taylor & Associates LLC | $105,068 reported compensation |
| Prime Pensions, Inc. | $96,420 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015103201NAL0008754450001, received 2025-10-15, EIN 71-0892430, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.