Haven Behavioral Health 401(k) Review & Grade
Haven Behavioral Healthcare Inc. 401(k) Plan
Nashville, TNHealth Care & Social Assistance1,144 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$217Employer $ per active participant
$1,867Employee $ saved per active participant
0.93%Direct admin cost, % of plan assets
$14.0MNet plan assets, end of year
$10,719Average balance per account
Score breakdown
- Employer generosity11.1 / 5022th percentile for employer $ per participant
- Low cost1.9 / 258th percentile for low admin cost vs. same-size plans
- Employee saving5.9 / 1540th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score29 / 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 | 22th |
| Lower admin cost | 8th |
| Employee saving | 40th |
| 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
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Haven Behavioral Health put in about $217 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 (0.93% 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 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 | $247,819 |
| Participant (employee) contributions | $2,136,198 |
| Other contributions (incl. rollovers in) | $408,476 |
| Administrative expenses paid from the plan | $120,818 |
| Contract administrator fees | $120,818 |
| Benefits paid out | $2,255,538 |
| Net assets, start / end of year | $12.1M / $14.0M |
| Active participants, start / end of year | 1,190 / 1,098 |
| Participants with account balances | 1,304 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $120,818 reported compensation |
| Creative Planning, Inc. | $16,834 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015131518NAL0002466595001, received 2025-10-15, EIN 20-4543642, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.