Construction & Healthcare Consultants, LP 401(k) Review & Grade
CHC 401(k) Plan
Pittsburgh, PAProfessional, Scientific & Technical Services784 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,097Employer $ per active participant
$4,093Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$65.2MNet plan assets, end of year
$73,211Average balance per account
Score breakdown
- Employer generosity10.4 / 5021th percentile for employer $ per participant
- Low cost13.3 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving3.1 / 1521th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 21th |
| Lower admin cost | 53th |
| Employee saving | 21th |
| Peers that auto-enroll | 48% |
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
Corrective distributions: the plan refunded $154,717 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Construction & Healthcare Consultants, LP put in about $1,097 per active participant, below the typical peer ($3,082). 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.
- 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 | $860,323 |
| Participant (employee) contributions | $3,208,940 |
| Other contributions (incl. rollovers in) | $753,347 |
| Administrative expenses paid from the plan | $132,082 |
| Investment advisory & management fees | $52,496 |
| Benefits paid out | $10,660,461 |
| Net assets, start / end of year | $62.7M / $65.2M |
| Active participants, start / end of year | 833 / 735 |
| Participants with account balances | 890 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Catanese Group |
Largest service providers (Schedule C)
| Adp, Inc. | $90,629 reported compensation |
| Wells Fargo | $25,452 reported compensation |
| Catanese Group | $16,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250710062511NAL0003287923001, received 2025-07-10, EIN 25-1878994, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.