CTW Home Health, LLC 401(k) Review & Grade
Circle of Care 401(k) Plan · d/b/a Circle of Care
San Antonio, TXHealth Care & Social Assistance652 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5Employer $ per active participant
$864Employee $ saved per active participant
0.43%Direct admin cost, % of plan assets
$4.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity4.3 / 509th percentile for employer $ per participant
- Low cost7.1 / 2528th percentile for low admin cost vs. same-size plans
- Employee saving2.8 / 1519th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score14 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 9th |
| Lower admin cost | 28th |
| Employee saving | 19th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $16,867 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- CTW Home Health put in about $5 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.
- Direct plan expenses (0.43% of assets) are well above similar-size plans (0.23%). 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 | $3,543 |
| Participant (employee) contributions | $563,972 |
| Other contributions (incl. rollovers in) | $17,378 |
| Administrative expenses paid from the plan | $19,326 |
| Contract administrator fees | $920 |
| Investment advisory & management fees | $12,807 |
| Benefits paid out | $679,028 |
| Net assets, start / end of year | $4.3M / $4.7M |
| Active participants, start / end of year | 649 / 656 |
| Participants with account balances | 186 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pricekubecka, PLLC |
Largest service providers (Schedule C)
| Merrill Lynch | $12,807 reported compensation |
| Newport Group, Inc. | $6,519 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006080426NAL0003138081001, received 2025-10-06, EIN 20-8886902, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.