Texas Health Resources 401(k) Review & Grade
Texas Health 401(k) Retirement Plan
Arlington, TXHealth Care & Social Assistance29,558 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,698Employer $ per active participant
$6,175Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$3.3BNet plan assets, end of year
$122,546Average balance per account
Score breakdown
- Employer generosity40.4 / 5081th percentile for employer $ per participant
- Low cost14.7 / 2559th percentile for low admin cost vs. same-size plans
- Employee saving11.6 / 1577th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-13 pts2 issues reported on the filing
Total score54 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 10,000+ active participants (115 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 81th |
| Lower admin cost | 59th |
| Employee saving | 77th |
| Peers that auto-enroll | 52% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $114,468 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Texas Health Resources put in about $3,698 per active participant, more than the typical peer ($2,086). 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.
- 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 | $109,317,675 |
| Participant (employee) contributions | $182,514,078 |
| Other contributions (incl. rollovers in) | $25,038,617 |
| Administrative expenses paid from the plan | $2,145,161 |
| Contract administrator fees | $4,800 |
| Investment advisory & management fees | $1,643,092 |
| Other admin expenses | $62,500 |
| Benefits paid out | $291,433,030 |
| Net assets, start / end of year | $2.9B / $3.3B |
| Active participants, start / end of year | 29,682 / 29,435 |
| Participants with account balances | 26,922 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | KPMG, LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $1,643,084 reported compensation |
| Fidelity Investments Institutional | $444,971 reported compensation |
| Callan LLC | $62,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250922094538NAL0002078851001, received 2025-09-22, EIN 75-2702388, plan #008, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.