El Paso Children's Hospital 401(k) Review & Grade
El Paso Children's Hospital 401(k) Pension Plan
El Paso, TXHealth Care & Social Assistance906 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,575Employer $ per active participant
$4,107Employee $ saved per active participant
0.89%Direct admin cost, % of plan assets
$41.6MNet plan assets, end of year
$28,964Average balance per account
Score breakdown
- Employer generosity42.9 / 5086th percentile for employer $ per participant
- Low cost2.0 / 258th percentile for low admin cost vs. same-size plans
- Employee saving10.4 / 1569th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score45 / 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 | 86th |
| Lower admin cost | 8th |
| Employee saving | 69th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($1,274 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $6,423 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- El Paso Children's Hospital put in about $3,575 per active participant, more than the typical peer ($976). 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 (0.89% 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $3,240,510 |
| Participant (employee) contributions | $3,722,590 |
| Other contributions (incl. rollovers in) | $374,074 |
| Administrative expenses paid from the plan | $333,965 |
| Investment advisory & management fees | $81,790 |
| Benefits paid out | $3,195,685 |
| Net assets, start / end of year | $33.4M / $41.6M |
| Active participants, start / end of year | 856 / 957 |
| Participants with account balances | 1,436 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Sbng, PC |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions, | $89,158 reported compensation |
| Cetera Advisor Networks LLC | $81,790 reported compensation |
| Benefits Administrators, LLC | $80,447 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013123917NAL0000602787001, received 2025-10-13, EIN 26-3075429, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.