Pyramid Healthcare, Inc. 401(k) Review & Grade
Pyramid Healthcare, Inc. 401(k) Retirement Plan
Altoona, PAHealth Care & Social Assistance2,970 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,294Employer $ per active participant
$2,828Employee $ saved per active participant
0.87%Direct admin cost, % of plan assets
$69.3MNet plan assets, end of year
$17,276Average balance per account
Score breakdown
- Employer generosity28.9 / 5058th percentile for employer $ per participant
- Low cost1.5 / 256th percentile for low admin cost vs. same-size plans
- Employee saving7.5 / 1550th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 58th |
| Lower admin cost | 6th |
| Employee saving | 50th |
| Peers that auto-enroll | 38% |
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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
- Pyramid Healthcare put in about $1,294 per active participant, more than the typical peer ($800). 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 (0.87% of assets) are well above similar-size plans (0.12%). 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 | $3,844,190 |
| Participant (employee) contributions | $8,399,386 |
| Other contributions (incl. rollovers in) | $628,537 |
| Administrative expenses paid from the plan | $552,805 |
| Contract administrator fees | $206,625 |
| Investment advisory & management fees | $105,671 |
| Benefits paid out | $7,937,968 |
| Net assets, start / end of year | $58.0M / $69.3M |
| Active participants, start / end of year | 3,068 / 2,872 |
| Participants with account balances | 4,009 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Forvis Mazars |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $240,509 reported compensation |
| Pyramid Healthcare Inc | $206,625 reported compensation |
| First National Trust Company | $105,671 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260424111250NAL0003149171001, received 2026-04-24, EIN 23-3006202, plan #001, plan year 2024-07-01 to 2025-06-30. Verify at efast.dol.gov.