Angmar Medical Holdings, Inc. 401(k) Review & Grade
Angmar Medical Holdings, Inc 401(k) Plan
Mansfield, TXManagement of Companies1,719 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$260Employer $ per active participant
$2,382Employee $ saved per active participant
0.78%Direct admin cost, % of plan assets
$21.7MNet plan assets, end of year
$11,316Average balance per account
Score breakdown
- Employer generosity2.6 / 505th percentile for employer $ per participant
- Low cost2.6 / 2511th percentile for low admin cost vs. same-size plans
- Employee saving2.6 / 1518th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score15 / 100 · Grade F
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 5th |
| Lower admin cost | 11th |
| Employee saving | 18th |
| Peers that auto-enroll | 58% |
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Red flags from the filing
Corrective distributions: the plan refunded $22,409 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Angmar Medical Holdings put in about $260 per active participant, below the typical peer ($2,492). 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.
- Direct plan expenses (0.78% 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.
- 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 | $446,530 |
| Participant (employee) contributions | $4,094,142 |
| Other contributions (incl. rollovers in) | $614,579 |
| Administrative expenses paid from the plan | $152,232 |
| Contract administrator fees | $125,476 |
| Benefits paid out | $2,692,531 |
| Net assets, start / end of year | $17.2M / $21.7M |
| Active participants, start / end of year | 1,662 / 1,776 |
| Participants with account balances | 1,920 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| Lincoln National Corporation | $125,476 reported compensation |
| Bdo | $26,756 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250918084014NAL0002760002001, received 2025-09-18, EIN 75-2863389, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.