Therapy Partner Solutions Holding, 401(k) Review & Grade
Therapy Partner Solutions Holding, LLC 401k Plan
Rome, GAHealth Care & Social Assistance744 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$963Employer $ per active participant
$3,327Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$21.8MNet plan assets, end of year
$46,211Average balance per account
Score breakdown
- Employer generosity24.9 / 5050th percentile for employer $ per participant
- Low cost23.8 / 2595th percentile for low admin cost vs. same-size plans
- Employee saving9.0 / 1560th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 50th |
| Lower admin cost | 95th |
| Employee saving | 60th |
| 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 ($11,384 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $14,992 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Therapy Partner Solutions Holding, put in about $963 per active participant, below the typical peer ($976). 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 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 | $716,590 |
| Participant (employee) contributions | $2,477,235 |
| Other contributions (incl. rollovers in) | $1,283,115 |
| Administrative expenses paid from the plan | $3,925 |
| Contract administrator fees | $3,375 |
| Other admin expenses | $550 |
| Benefits paid out | $657,584 |
| Net assets, start / end of year | $15.7M / $21.8M |
| Active participants, start / end of year | 720 / 769 |
| Participants with account balances | 472 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Rehmann Robson LLC |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $3,934 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010114222NAL0007639377001, received 2025-10-10, EIN 81-3422998, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.