Treatment Centers Holdco, LLC 401(k) Review & Grade
Treatment Centers Holdco 401(k) Plan
Greenville, SCHealth Care & Social Assistance962 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,121Employer $ per active participant
$2,157Employee $ saved per active participant
0.95%Direct admin cost, % of plan assets
$9.4MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity26.6 / 5053th percentile for employer $ per participant
- Low cost1.8 / 257th percentile for low admin cost vs. same-size plans
- Employee saving6.6 / 1544th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 7th |
| Employee saving | 44th |
| Peers that auto-enroll | 36% |
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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
- Treatment Centers Holdco put in about $1,121 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.
- Direct plan expenses (0.95% 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.
- 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 | $1,078,283 |
| Participant (employee) contributions | $2,073,745 |
| Other contributions (incl. rollovers in) | $514,363 |
| Administrative expenses paid from the plan | $75,569 |
| Investment advisory & management fees | $21,477 |
| Benefits paid out | $1,679,876 |
| Net assets, start / end of year | $6.4M / $9.4M |
| Active participants, start / end of year | 940 / 983 |
| Participants with account balances | 435 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Elliott Davis |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $54,092 reported compensation |
| Valmark Advisers Inc | $21,477 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250922145248NAL0005793168001, received 2025-09-22, EIN 26-1171703, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.