Pavilion Health Services, Inc. 401(k) Review & Grade
Pavilion Health Services 401(k) Plan
Jacksonville, FLHealth Care & Social Assistance2,184 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,734Employer $ per active participant
$4,781Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$143.0MNet plan assets, end of year
$49,563Average balance per account
Score breakdown
- Employer generosity33.0 / 5066th percentile for employer $ per participant
- Low cost18.1 / 2572th percentile for low admin cost vs. same-size plans
- Employee saving11.5 / 1576th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score63 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 66th |
| Lower admin cost | 72th |
| Employee saving | 76th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Pavilion Health Services put in about $1,734 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.
- 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 | $3,786,529 |
| Participant (employee) contributions | $10,440,864 |
| Other contributions (incl. rollovers in) | $2,678,510 |
| Administrative expenses paid from the plan | $142,822 |
| Benefits paid out | $12,968,689 |
| Net assets, start / end of year | $123.9M / $143.0M |
| Active participants, start / end of year | 2,154 / 2,214 |
| Participants with account balances | 2,886 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Valic Retirement Services Company | $141,660 reported compensation |
| Fidelity Investments Institutional | $3,315 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251122041940NAL0010996960001, received 2025-11-22, EIN 59-2059710, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.