Urgent Care Centers of New England, Inc. 401(k) Review & Grade
Emergence Health Holdings Retirement Plan
Concord, NHHealth Care & Social Assistance520 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,857Employer $ per active participant
$3,337Employee $ saved per active participant
0.52%Direct admin cost, % of plan assets
$13.7MNet plan assets, end of year
$20,677Average balance per account
Score breakdown
- Employer generosity34.3 / 5069th percentile for employer $ per participant
- Low cost5.4 / 2522th 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-10 pts1 issue reported on the filing
Total score42 / 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 | 69th |
| Lower admin cost | 22th |
| 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 ($10,749 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
- Urgent Care Centers of New England put in about $1,857 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 (0.52% 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.
- 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 | $965,823 |
| Participant (employee) contributions | $1,735,455 |
| Other contributions (incl. rollovers in) | $677,640 |
| Administrative expenses paid from the plan | $66,304 |
| Contract administrator fees | $66,304 |
| Benefits paid out | $2,632,156 |
| Net assets, start / end of year | $11.6M / $13.7M |
| Active participants, start / end of year | 528 / 512 |
| Participants with account balances | 664 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Kahn, Litwin, Renza & Co. LTD |
Largest service providers (Schedule C)
| John Hancock Life Insurance Co | $27,447 reported compensation |
| MML Investors Services | $23,867 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250902144801NAL0014514273001, received 2025-09-02, EIN 45-4840644, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.