Community Hospital Corporation 401(k) Review & Grade
Community Hospital Corporation Employees' 401(k) Plan
Plano, TXHealth Care & Social Assistance4,100 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,095Employer $ per active participant
$140Employee $ saved per active participant
0.54%Direct admin cost, % of plan assets
$72.5MNet plan assets, end of year
$17,680Average balance per account
Score breakdown
- Employer generosity27.8 / 5056th percentile for employer $ per participant
- Low cost2.8 / 2511th percentile for low admin cost vs. same-size plans
- Employee saving1.0 / 157th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score25 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 11th |
| Employee saving | 7th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Community Hospital put in about $1,095 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.
- Direct plan expenses (0.54% 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.
- 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 | $4,490,094 |
| Participant (employee) contributions | $575,608 |
| Other contributions (incl. rollovers in) | $174,574 |
| Administrative expenses paid from the plan | $377,020 |
| Investment advisory & management fees | $21,901 |
| Other admin expenses | $39,792 |
| Benefits paid out | $7,977,153 |
| Net assets, start / end of year | $66.0M / $72.5M |
| Active participants, start / end of year | 4,051 / 4,149 |
| Participants with account balances | 4,103 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $279,243 reported compensation |
| Cook Street Consulting | $37,500 reported compensation |
| Cliftonlarsonallen LLP | $27,825 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250701100515NAL0018344272001, received 2025-07-01, EIN 75-2638469, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.