ST. Bernards Physicians Clinic, Inc. 401(k) Review & Grade
ST. Bernards Physician Clinics Inc. Retirement Plan
Jonesboro, ARHealth Care & Social Assistance658 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,459Employer $ per active participant
$5,803Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$125.1MNet plan assets, end of year
$234,620Average balance per account
Score breakdown
- Employer generosity44.8 / 5090th percentile for employer $ per participant
- Low cost15.9 / 2564th percentile for low admin cost vs. same-size plans
- Employee saving13.0 / 1587th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-10 pts1 issue reported on the filing
Total score64 / 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 | 90th |
| Lower admin cost | 64th |
| Employee saving | 87th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($10,570 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- ST. Bernards Physicians Clinic put in about $4,459 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $2,934,147 |
| Participant (employee) contributions | $3,818,651 |
| Other contributions (incl. rollovers in) | $17,744 |
| Administrative expenses paid from the plan | $174,227 |
| Other admin expenses | $112,500 |
| Benefits paid out | $8,847,102 |
| Net assets, start / end of year | $112.5M / $125.1M |
| Active participants, start / end of year | 781 / 535 |
| Participants with account balances | 533 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $99,227 reported compensation |
| Simmons Wealth Management | $75,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260715133818NAL0003050289001, received 2026-07-15, EIN 87-1439061, plan #001, plan year 2024-10-01 to 2025-09-30. Verify at efast.dol.gov.