Mcclintic Operations Holdco II LLC D/B/A Kissito Healthcare 401(k) Review & Grade
Kissito Healthcare 401(k) Plan
Roanoke, VAHealth Care & Social Assistance1,030 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$502Employer $ per active participant
$1,117Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$9.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity17.5 / 5035th percentile for employer $ per participant
- Low cost12.9 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving3.7 / 1525th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score37 / 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 | 35th |
| Lower admin cost | 52th |
| Employee saving | 25th |
| 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
- Mcclintic Operations Holdco II LLC D/B/A Kissito Healthcare put in about $502 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.
- 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 | $517,522 |
| Participant (employee) contributions | $1,150,788 |
| Other contributions (incl. rollovers in) | $66,718 |
| Administrative expenses paid from the plan | $18,561 |
| Contract administrator fees | $18,561 |
| Benefits paid out | $908,277 |
| Net assets, start / end of year | $7.7M / $9.5M |
| Active participants, start / end of year | 1,034 / 1,026 |
| Participants with account balances | 462 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Brown, Edwards & Company, L.L.P. |
Largest service providers (Schedule C)
| Adp, Inc. | $16,498 reported compensation |
| John Hancock Retirement Plan Svcs | $758 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014085358NAL0001140451001, received 2025-10-14, EIN 93-4479178, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.