Premier Health Consultants, LLC 401(k) Review & Grade
Premier Health Consultants, LLC Retirement Savings Plan
Baton Rouge, LAAdministrative, Support & Staffing Services1,262 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$893Employer $ per active participant
$1,956Employee $ saved per active participant
0.39%Direct admin cost, % of plan assets
$34.4MNet plan assets, end of year
$42,939Average balance per account
Score breakdown
- Employer generosity29.3 / 5058th percentile for employer $ per participant
- Low cost7.7 / 2531th percentile for low admin cost vs. same-size plans
- Employee saving7.8 / 1552th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 58th |
| Lower admin cost | 31th |
| Employee saving | 52th |
| Peers that auto-enroll | 27% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Premier Health Consultants put in about $893 per active participant, more than the typical peer ($712). 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.
- Direct plan expenses (0.39% 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 | $1,127,214 |
| Participant (employee) contributions | $2,468,844 |
| Other contributions (incl. rollovers in) | $405,265 |
| Administrative expenses paid from the plan | $133,171 |
| Benefits paid out | $6,752,612 |
| Net assets, start / end of year | $33.0M / $34.4M |
| Active participants, start / end of year | 1,327 / 1,197 |
| Participants with account balances | 802 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Eisneramper LLP |
Largest service providers (Schedule C)
| Sentinel Pension & Payroll | $72,895 reported compensation |
| Cetera Investment Advisers, LLC | $35,880 reported compensation |
| Cetera Advisors | $34,709 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014133359NAL0001466227001, received 2025-10-14, EIN 20-5972761, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.