Bryan Health 401(k) Review & Grade
Bryan Health Retirement Savings Plan
Lincoln, NEHealth Care & Social Assistance7,316 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,740Employer $ per active participant
$5,951Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$926.9MNet plan assets, end of year
$90,821Average balance per account
Score breakdown
- Employer generosity42.8 / 5086th percentile for employer $ per participant
- Low cost16.7 / 2567th percentile for low admin cost vs. same-size plans
- Employee saving12.2 / 1581th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score79 / 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 | 86th |
| Lower admin cost | 67th |
| Employee saving | 81th |
| Peers that auto-enroll | 38% |
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
Corrective distributions: the plan refunded $19,090 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Bryan Health put in about $3,740 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 | $27,360,598 |
| Participant (employee) contributions | $43,539,234 |
| Other contributions (incl. rollovers in) | $12,764,589 |
| Administrative expenses paid from the plan | $643,717 |
| Investment advisory & management fees | $94,074 |
| Benefits paid out | $78,335,070 |
| Net assets, start / end of year | $800.7M / $926.9M |
| Active participants, start / end of year | 7,214 / 7,419 |
| Participants with account balances | 10,206 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Lutz & Company, P.C. |
Largest service providers (Schedule C)
| Union Bank & Trust Company | $549,643 reported compensation |
| Fiducient Advisors | $94,074 reported compensation |
| Matrix Clearance and Settlement | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250808094746NAL0004561009001, received 2025-08-08, EIN 36-3414823, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.