Aston Healthcare, LLC 401(k) Review & Grade
Aston Healthcare, LLC 401(k) Plan
Brooklyn, NYProfessional, Scientific & Technical Services7,036 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$0Employer $ per active participant
$307Employee $ saved per active participant
0.61%Direct admin cost, % of plan assets
$19.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity2.0 / 504th percentile for employer $ per participant
- Low cost2.4 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving0.6 / 154th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score0 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 4th |
| Lower admin cost | 10th |
| Employee saving | 4th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($15,791 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
- Aston Healthcare put in about $0 per active participant, below the typical peer ($2,951). 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 (0.61% of assets) are well above similar-size plans (0.12%). 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 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 | $2,606 |
| Participant (employee) contributions | $2,159,957 |
| Other contributions (incl. rollovers in) | $236,988 |
| Administrative expenses paid from the plan | $114,048 |
| Investment advisory & management fees | $20,069 |
| Other admin expenses | $3,304 |
| Benefits paid out | $3,369,006 |
| Net assets, start / end of year | $18.4M / $19.3M |
| Active participants, start / end of year | 6,437 / 7,636 |
| Participants with account balances | 1,065 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Fasten Halberstam LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $64,675 reported compensation |
| Fasten Halberstam LLP | $26,000 reported compensation |
| Onedigital Investment Advisors LLC | $20,069 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251012102010NAL0000344257001, received 2025-10-12, EIN 86-3760196, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.