Jefferson Hospital Association, Inc 401(k) Review & Grade
Jefferson Hospital Association 401(k) Retirement Savings Plan
Pine Bluff, ARHealth Care & Social Assistance1,502 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,131Employer $ per active participant
$3,782Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$130.1MNet plan assets, end of year
$66,693Average balance per account
Score breakdown
- Employer generosity36.3 / 5073th percentile for employer $ per participant
- Low cost9.9 / 2540th percentile for low admin cost vs. same-size plans
- Employee saving9.8 / 1565th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score59 / 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 | 73th |
| Lower admin cost | 40th |
| Employee saving | 65th |
| 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
- Jefferson Hospital Association put in about $2,131 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.
- 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 | $3,201,724 |
| Participant (employee) contributions | $5,682,822 |
| Other contributions (incl. rollovers in) | $634,700 |
| Administrative expenses paid from the plan | $381,533 |
| Contract administrator fees | $381,533 |
| Benefits paid out | $12,402,125 |
| Net assets, start / end of year | $117.3M / $130.1M |
| Active participants, start / end of year | 1,488 / 1,517 |
| Participants with account balances | 1,950 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Simmons Bank Institutional Wealth | $260,273 reported compensation |
| PCS Retirement, LLC | $38,177 reported compensation |
| Fidelity Investments Institutional | $36,229 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014142525NAL0006310914001, received 2025-10-14, EIN 71-0329353, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.