Performance Health Supply LLC 401(k) Review & Grade
Performance Health 401(k) Plan
Warrenville, ILWholesale Trade881 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,567Employer $ per active participant
$3,955Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$55.3MNet plan assets, end of year
$67,033Average balance per account
Score breakdown
- Employer generosity21.5 / 5043th percentile for employer $ per participant
- Low cost17.5 / 2570th percentile for low admin cost vs. same-size plans
- Employee saving5.8 / 1538th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 70th |
| Employee saving | 38th |
| Peers that auto-enroll | 53% |
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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
- Performance Health Supply put in about $1,567 per active participant, below the typical peer ($1,792). 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.
- 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 | $1,380,782 |
| Participant (employee) contributions | $3,484,031 |
| Other contributions (incl. rollovers in) | $213,927 |
| Administrative expenses paid from the plan | $62,388 |
| Contract administrator fees | $50,277 |
| Benefits paid out | $7,394,726 |
| Net assets, start / end of year | $51.5M / $55.3M |
| Active participants, start / end of year | 908 / 854 |
| Participants with account balances | 825 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $50,277 reported compensation |
| Creative Planning | $12,111 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251107124742NAL0000715779001, received 2025-11-07, EIN 20-4590834, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.