University Healthcare Alliance 401(k) Review & Grade
University Healthcare Alliance 401(k) Plan
Newark, CAHealth Care & Social Assistance986 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,169Employer $ per active participant
$4,912Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$104.2MNet plan assets, end of year
$79,502Average balance per account
Score breakdown
- Employer generosity45.6 / 5091th percentile for employer $ per participant
- Low cost19.5 / 2578th percentile for low admin cost vs. same-size plans
- Employee saving11.7 / 1578th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 78th |
| Employee saving | 78th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $24,861 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- University Healthcare Alliance put in about $5,169 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $5,096,744 |
| Participant (employee) contributions | $4,843,342 |
| Other contributions (incl. rollovers in) | $395,071 |
| Administrative expenses paid from the plan | $81,438 |
| Benefits paid out | $7,785,141 |
| Net assets, start / end of year | $89.7M / $104.2M |
| Active participants, start / end of year | 1,080 / 892 |
| Participants with account balances | 1,311 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fid Inv Inst Ops Co | $81,437 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250910172348NAL0013308275001, received 2025-09-10, EIN 94-3192446, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.