Life Line Screening of America 401(k) Review & Grade
Life Line Screening 401(k) Retirement Savings Plan
Independence, OHHealth Care & Social Assistance852 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$861Employer $ per active participant
$2,901Employee $ saved per active participant
0.58%Direct admin cost, % of plan assets
$23.8MNet plan assets, end of year
$22,972Average balance per account
Score breakdown
- Employer generosity23.5 / 5047th percentile for employer $ per participant
- Low cost4.7 / 2519th percentile for low admin cost vs. same-size plans
- Employee saving8.3 / 1555th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score47 / 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 | 47th |
| Lower admin cost | 19th |
| Employee saving | 55th |
| 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
- Life Line Screening of America put in about $861 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 (0.58% 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 | $733,065 |
| Participant (employee) contributions | $2,469,865 |
| Other contributions (incl. rollovers in) | $73,328 |
| Administrative expenses paid from the plan | $126,329 |
| Benefits paid out | $2,129,691 |
| Net assets, start / end of year | $20.1M / $23.8M |
| Active participants, start / end of year | 865 / 838 |
| Participants with account balances | 1,035 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpa's P.C. |
Largest service providers (Schedule C)
| Adp, Inc. | $91,803 reported compensation |
| Gallagher Benefit Services | $34,523 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015163015NAL0002751923001, received 2025-10-15, EIN 34-1839775, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.