BMH, Inc. 401(k) Review & Grade
BMH, Inc. Retirement Plan
Blackfoot, IDHealth Care & Social Assistance874 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$820Employer $ per active participant
$1,761Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$27.2MNet plan assets, end of year
$58,350Average balance per account
Score breakdown
- Employer generosity22.9 / 5046th percentile for employer $ per participant
- Low cost22.9 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving5.7 / 1538th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 46th |
| Lower admin cost | 91th |
| Employee saving | 38th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- BMH put in about $820 per active participant, below the typical peer ($976). 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 | $717,081 |
| Participant (employee) contributions | $1,539,159 |
| Other contributions (incl. rollovers in) | $214,721 |
| Administrative expenses paid from the plan | $9,055 |
| Contract administrator fees | $9,055 |
| Benefits paid out | $1,530,426 |
| Net assets, start / end of year | $23.3M / $27.2M |
| Active participants, start / end of year | 874 / 874 |
| Participants with account balances | 466 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Dingus Zarecor & Associates |
Largest service providers (Schedule C)
| American United Life Insurance Co | $131,011 reported compensation |
| Mountain West Pensions, Inc. | $29,351 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014182903NAL0001759395001, received 2025-10-14, EIN 20-5126945, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.