Four Winds Health, LLC 401(k) Review & Grade
Four Winds Health Retirement Plan
Atlanta, GAHealth Care & Social Assistance2,364 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,752Employer $ per active participant
$3,336Employee $ saved per active participant
1.00%Direct admin cost, % of plan assets
$42.6MNet plan assets, end of year
$16,724Average balance per account
Score breakdown
- Employer generosity33.2 / 5066th percentile for employer $ per participant
- Low cost1.6 / 256th percentile for low admin cost vs. same-size plans
- Employee saving9.0 / 1560th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score44 / 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 | 66th |
| Lower admin cost | 6th |
| 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 ($113,882 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
- Four Winds Health put in about $1,752 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 (1.00% 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.
- 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 | $4,142,750 |
| Participant (employee) contributions | $7,888,335 |
| Other contributions (incl. rollovers in) | $1,348,307 |
| Administrative expenses paid from the plan | $366,652 |
| Contract administrator fees | $331,691 |
| Investment advisory & management fees | $34,961 |
| Benefits paid out | $5,799,571 |
| Net assets, start / end of year | $30.5M / $42.6M |
| Active participants, start / end of year | 2,313 / 2,416 |
| Participants with account balances | 2,546 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Fraizer & Deeter, LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $331,691 reported compensation |
| Usi Advisors, Inc. | $34,934 reported compensation |
| Wilshire Advisors LLC | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260501074352NAL0001234418001, received 2026-05-01, EIN 45-1273930, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.