Isaiah House, Inc. 401(k) Review & Grade
Isaiah House Retirement Plan
Chaplin, KYHealth Care & Social Assistance510 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$371Employer $ per active participant
$637Employee $ saved per active participant
1.22%Direct admin cost, % of plan assets
$2.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity14.4 / 5029th percentile for employer $ per participant
- Low cost1.1 / 254th percentile for low admin cost vs. same-size plans
- Employee saving2.2 / 1514th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score18 / 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 | 29th |
| Lower admin cost | 4th |
| Employee saving | 14th |
| Peers that auto-enroll | 36% |
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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
- Isaiah House put in about $371 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 (1.22% 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 | $188,809 |
| Participant (employee) contributions | $324,676 |
| Other contributions (incl. rollovers in) | $88,701 |
| Administrative expenses paid from the plan | $21,442 |
| Contract administrator fees | $8,437 |
| Investment advisory & management fees | $13,005 |
| Benefits paid out | $244,852 |
| Net assets, start / end of year | $1.5M / $2.0M |
| Active participants, start / end of year | 539 / 480 |
| Participants with account balances | 123 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Besten & Dieruf |
Largest service providers (Schedule C)
| PCS Retirement LLC | $13,005 reported compensation |
| Joule Financial | $8,437 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014110500NAL0005544434001, received 2025-10-14, EIN 26-2961334, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.