Blue Sprig Pediatrics, Inc. 401(k) Review & Grade
Blue Sprig Pediatrics, Inc.
Houston, TXHealth Care & Social Assistance3,824 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$262Employer $ per active participant
$953Employee $ saved per active participant
1.61%Direct admin cost, % of plan assets
$24.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity16.9 / 5034th percentile for employer $ per participant
- Low cost0.4 / 252th percentile for low admin cost vs. same-size plans
- Employee saving3.7 / 1524th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score21 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 34th |
| Lower admin cost | 2th |
| Employee saving | 24th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Corrective distributions: the plan refunded $78,539 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Blue Sprig Pediatrics put in about $262 per active participant, below the typical peer ($800). 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 (1.61% of assets) are well above similar-size plans (0.12%). 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 | $1,002,111 |
| Participant (employee) contributions | $3,643,475 |
| Other contributions (incl. rollovers in) | $277,090 |
| Administrative expenses paid from the plan | $273,682 |
| Investment advisory & management fees | $62,987 |
| Benefits paid out | $4,411,566 |
| Net assets, start / end of year | $9.9M / $24.0M |
| Active participants, start / end of year | 3,961 / 3,687 |
| Participants with account balances | 1,451 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Riley and Company PLLC |
Largest service providers (Schedule C)
| Adp, Inc. | $210,695 reported compensation |
| Usi Advisors, Inc | $62,986 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250919051103NAL0001961985001, received 2025-09-19, EIN 82-2465485, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.