Ventra Health, Inc. 401(k) Review & Grade
Ventra Health Retirement Plan
Dallas, TXManagement of Companies670 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,029Employer $ per active participant
$4,076Employee $ saved per active participant
0.44%Direct admin cost, % of plan assets
$30.0MNet plan assets, end of year
$44,647Average balance per account
Score breakdown
- Employer generosity9.1 / 5018th percentile for employer $ per participant
- Low cost6.7 / 2527th percentile for low admin cost vs. same-size plans
- Employee saving5.0 / 1533th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score18 / 100 · Grade F
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 18th |
| Lower admin cost | 27th |
| Employee saving | 33th |
| Peers that auto-enroll | 58% |
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Red flags from the filing
Auditor concern: the independent auditor gave a qualified or adverse opinion.
Corrective distributions: the plan refunded $4,392 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Ventra Health put in about $1,029 per active participant, below the typical peer ($2,492). 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.
- Direct plan expenses (0.44% 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $689,415 |
| Participant (employee) contributions | $2,730,965 |
| Other contributions (incl. rollovers in) | $1,825,205 |
| Administrative expenses paid from the plan | $131,367 |
| Contract administrator fees | $131,367 |
| Benefits paid out | $7,922,808 |
| Net assets, start / end of year | $29.0M / $30.0M |
| Active participants, start / end of year | 785 / 555 |
| Participants with account balances | 673 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bonadio & Co, LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $131,366 reported compensation |
| Alliant Insurance Services Inc | $25,219 reported compensation |
| Everhart Financial Group DBA Everha | $22,486 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014113351NAL0002653409001, received 2025-10-14, EIN 81-1702029, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.