Lifepath, Inc. 401(k) Review & Grade
Lifepath, Inc. 401(k) Retirement Plan
Bethlehem, PAHealth Care & Social Assistance624 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$872Employer $ per active participant
$2,823Employee $ saved per active participant
0.42%Direct admin cost, % of plan assets
$25.4MNet plan assets, end of year
$46,479Average balance per account
Score breakdown
- Employer generosity23.7 / 5047th percentile for employer $ per participant
- Low cost7.2 / 2529th percentile for low admin cost vs. same-size plans
- Employee saving8.2 / 1554th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score32 / 100 · Grade D
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 | 29th |
| Employee saving | 54th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($42 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Lifepath put in about $872 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 (0.42% 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $544,621 |
| Participant (employee) contributions | $1,763,125 |
| Other contributions (incl. rollovers in) | $4,489 |
| Administrative expenses paid from the plan | $101,956 |
| Investment advisory & management fees | $22,535 |
| Benefits paid out | $2,477,316 |
| Net assets, start / end of year | $23.3M / $25.4M |
| Active participants, start / end of year | 618 / 631 |
| Participants with account balances | 547 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | GBB & Company, LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $59,566 reported compensation |
| Bank of America N.A. | $22,535 reported compensation |
| Stancorp Financial Group | $19,555 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260414061751NAL0023430722001, received 2026-04-14, EIN 23-7402943, plan #003, plan year 2024-07-01 to 2025-06-30. Verify at efast.dol.gov.