Bellin Health Systems, Inc. 401(k) Review & Grade
Bellin Health 401(k) Retirement Plan
Green Bay, WIHealth Care & Social Assistance5,524 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,443Employer $ per active participant
$7,962Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$861.9MNet plan assets, end of year
$125,093Average balance per account
Score breakdown
- Employer generosity45.5 / 5091th percentile for employer $ per participant
- Low cost17.8 / 2571th percentile for low admin cost vs. same-size plans
- Employee saving13.6 / 1591th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score84 / 100 · Grade A
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 71th |
| Employee saving | 91th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Corrective distributions: the plan refunded $12,454 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Bellin Health Systems put in about $4,443 per active participant, more than the typical peer ($800). 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.
- 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 | $24,539,070 |
| Participant (employee) contributions | $43,980,656 |
| Other contributions (incl. rollovers in) | $7,338,241 |
| Administrative expenses paid from the plan | $516,557 |
| Benefits paid out | $65,842,401 |
| Net assets, start / end of year | $756.7M / $861.9M |
| Active participants, start / end of year | 5,534 / 5,513 |
| Participants with account balances | 6,890 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Wipfli |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $516,557 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260713142403NAL0000461490001, received 2026-07-13, EIN 39-1512904, plan #002, plan year 2024-10-01 to 2025-09-30. Verify at efast.dol.gov.