Triton Health Systems, L.L.C. 401(k) Review & Grade
Triton Health Systems, L.L.C. 401(k) Retirement Plan
Birmingham, ALHealth Care & Social Assistance574 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,675Employer $ per active participant
$4,817Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$44.0MNet plan assets, end of year
$74,098Average balance per account
Score breakdown
- Employer generosity39.9 / 5080th percentile for employer $ per participant
- Low cost17.7 / 2571th percentile for low admin cost vs. same-size plans
- Employee saving11.5 / 1577th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score72 / 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 | 80th |
| Lower admin cost | 71th |
| Employee saving | 77th |
| 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
- Triton Health Systems put in about $2,675 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.
- 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 | $1,535,571 |
| Participant (employee) contributions | $2,764,816 |
| Other contributions (incl. rollovers in) | $191,589 |
| Administrative expenses paid from the plan | $46,244 |
| Benefits paid out | $2,770,183 |
| Net assets, start / end of year | $37.7M / $44.0M |
| Active participants, start / end of year | 576 / 572 |
| Participants with account balances | 594 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Black & Pinckard, LLC |
Largest service providers (Schedule C)
| Tiaa | $46,244 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250821104846NAL0008076050001, received 2025-08-21, EIN 63-1145811, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.