Epoch Senior Living, LLC 401(k) Review & Grade
Epoch Senior Living 401(k) Plan
Waltham, MAHealth Care & Social Assistance1,426 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$115Employer $ per active participant
$1,770Employee $ saved per active participant
0.53%Direct admin cost, % of plan assets
$19.2MNet plan assets, end of year
$12,470Average balance per account
Score breakdown
- Employer generosity8.0 / 5016th percentile for employer $ per participant
- Low cost5.3 / 2521th percentile for low admin cost vs. same-size plans
- Employee saving5.7 / 1538th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score19 / 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 | 16th |
| Lower admin cost | 21th |
| Employee saving | 38th |
| Peers that auto-enroll | 36% |
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 $6,394 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Epoch Senior Living put in about $115 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 (0.53% 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 | $164,294 |
| Participant (employee) contributions | $2,522,990 |
| Other contributions (incl. rollovers in) | $203,416 |
| Administrative expenses paid from the plan | $95,405 |
| Investment advisory & management fees | $40,000 |
| Benefits paid out | $2,229,765 |
| Net assets, start / end of year | $16.6M / $19.2M |
| Active participants, start / end of year | 1,161 / 1,690 |
| Participants with account balances | 1,539 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Boivin & Associates |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $55,405 reported compensation |
| Lion Street Advisors LLC | $40,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014141500NAL0001524339001, received 2025-10-14, EIN 20-8907071, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.