Ball Healthcare Services, Inc. 401(k) Review & Grade
Ball Healthcare Services, Inc. 401(k) Retirement Plan
Mobile, ALHealth Care & Social Assistance772 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$900Employer $ per active participant
$1,614Employee $ saved per active participant
0.24%Direct admin cost, % of plan assets
$18.4MNet plan assets, end of year
$42,735Average balance per account
Score breakdown
- Employer generosity23.9 / 5048th percentile for employer $ per participant
- Low cost12.3 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving5.3 / 1535th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score35 / 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 | 48th |
| Lower admin cost | 49th |
| Employee saving | 35th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($372 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
- Ball Healthcare Services put in about $900 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 | $695,292 |
| Participant (employee) contributions | $1,246,803 |
| Other contributions (incl. rollovers in) | $7,030 |
| Administrative expenses paid from the plan | $41,446 |
| Contract administrator fees | $41,446 |
| Benefits paid out | $1,892,769 |
| Net assets, start / end of year | $16.8M / $18.4M |
| Active participants, start / end of year | 784 / 761 |
| Participants with account balances | 430 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Carr, Riggs & Ingram, L. L. C. |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $41,445 reported compensation |
| Principal Securities Inc | $3,984 reported compensation |
| Wilshire Advisors LLC | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009142521NAL0007132513001, received 2025-10-09, EIN 63-0979995, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.