Dayton Children's Hospital 401(k) Review & Grade
Dayton Children's Hospital 401(k) Plan
Dayton, OHHealth Care & Social Assistance4,327 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,758Employer $ per active participant
$5,792Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$352.1MNet plan assets, end of year
$67,387Average balance per account
Score breakdown
- Employer generosity42.9 / 5086th percentile for employer $ per participant
- Low cost12.9 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving11.9 / 1579th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score78 / 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 | 52th |
| Employee saving | 79th |
| Peers that auto-enroll | 38% |
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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
- Dayton Children's Hospital put in about $3,758 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 | $16,262,984 |
| Participant (employee) contributions | $25,062,239 |
| Other contributions (incl. rollovers in) | $3,075,234 |
| Administrative expenses paid from the plan | $375,409 |
| Investment advisory & management fees | $42,959 |
| Benefits paid out | $24,630,572 |
| Net assets, start / end of year | $291.0M / $352.1M |
| Active participants, start / end of year | 4,308 / 4,346 |
| Participants with account balances | 5,225 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Clark, Schaefer, Hackett & Co |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $374,608 reported compensation |
| Charles Schwab & Co., Inc. | $2,294 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251107102002NAL0000272163001, received 2025-11-07, EIN 31-0672132, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.