American Renal Management LLC 401(k) Review & Grade
American Renal Management LLC 401(k) Plan
Beverly, MAHealth Care & Social Assistance4,514 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$585Employer $ per active participant
$3,846Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$133.9MNet plan assets, end of year
$24,976Average balance per account
Score breakdown
- Employer generosity22.5 / 5045th percentile for employer $ per participant
- Low cost16.0 / 2564th percentile for low admin cost vs. same-size plans
- Employee saving9.1 / 1561th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 45th |
| Lower admin cost | 64th |
| Employee saving | 61th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Corrective distributions: the plan refunded $18,128 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- American Renal Management put in about $585 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.
- 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.
- 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 | $2,638,749 |
| Participant (employee) contributions | $17,364,306 |
| Other contributions (incl. rollovers in) | $2,765,143 |
| Administrative expenses paid from the plan | $99,048 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $31,383 |
| Other admin expenses | $66,780 |
| Benefits paid out | $13,797,679 |
| Net assets, start / end of year | $110.5M / $133.9M |
| Active participants, start / end of year | 4,513 / 4,516 |
| Participants with account balances | 5,360 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Lbmc, PC |
Largest service providers (Schedule C)
| Gallagher Fiduciary Advisors, LLC | $56,780 reported compensation |
| Strategic Advisors, Inc. | $31,383 reported compensation |
| Baker Tilly US, LLP | $10,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014140934NAL0001476451001, received 2025-10-14, EIN 04-3527505, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.