American Senior Communities, L.L.C. 401(k) Review & Grade
American Senior Communities, L.L.C. Retirement Savings Plan
Indianapolis, INHealth Care & Social Assistance9,430 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$73Employer $ per active participant
$1,149Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$103.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity10.5 / 5021th percentile for employer $ per participant
- Low cost11.2 / 2545th percentile for low admin cost vs. same-size plans
- Employee saving4.2 / 1528th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score29 / 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 | 21th |
| Lower admin cost | 45th |
| Employee saving | 28th |
| Peers that auto-enroll | 38% |
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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
- American Senior Communities put in about $73 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.
- 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 | $685,221 |
| Participant (employee) contributions | $10,833,354 |
| Other contributions (incl. rollovers in) | $391,651 |
| Administrative expenses paid from the plan | $140,124 |
| Benefits paid out | $13,653,709 |
| Net assets, start / end of year | $92.0M / $103.5M |
| Active participants, start / end of year | 9,231 / 9,629 |
| Participants with account balances | 3,409 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $154,460 reported compensation |
| National Financial Services | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250819160104NAL0001239059001, received 2025-08-19, EIN 35-2077389, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.