Gemw Healthcare Investment LP 401(k) Review & Grade
Ahmc Healthcare Inc. 401(k) Retirement Savings Plan
Alhambra, CAHealth Care & Social Assistance6,140 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,619Employer $ per active participant
$6,199Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$734.2MNet plan assets, end of year
$81,381Average balance per account
Score breakdown
- Employer generosity32.0 / 5064th percentile for employer $ per participant
- Low cost21.8 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving12.5 / 1583th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 87th |
| Employee saving | 83th |
| Peers that auto-enroll | 38% |
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
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $34,120 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Gemw Healthcare Investment LP put in about $1,619 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.
- 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 | $9,939,424 |
| Participant (employee) contributions | $38,063,754 |
| Other contributions (incl. rollovers in) | $3,350,230 |
| Administrative expenses paid from the plan | $247,143 |
| Contract administrator fees | $300 |
| Other admin expenses | $69,056 |
| Benefits paid out | $66,069,027 |
| Net assets, start / end of year | $650.0M / $734.2M |
| Active participants, start / end of year | 5,941 / 6,339 |
| Participants with account balances | 9,022 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | C Jim Chen Accountancy Corp |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $124,333 reported compensation |
| Benefit Financial Services Group | $69,056 reported compensation |
| C.jim Chen Accountancy Corp | $52,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015013107NAL0007940994001, received 2025-10-15, EIN 51-0519169, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.