La Posada at Park Centre, Inc. 401(k) Review & Grade
La Posada Employee Savings and Retirement Plan
Green Valley, AZHealth Care & Social Assistance552 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,106Employer $ per active participant
$2,379Employee $ saved per active participant
0.40%Direct admin cost, % of plan assets
$21.0MNet plan assets, end of year
$34,002Average balance per account
Score breakdown
- Employer generosity26.4 / 5053th percentile for employer $ per participant
- Low cost7.7 / 2531th percentile for low admin cost vs. same-size plans
- Employee saving7.1 / 1547th percentile for employee $ per participant
- Plan features3 / 10Default investment
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 | 53th |
| Lower admin cost | 31th |
| Employee saving | 47th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- La Posada at Park Centre put in about $1,106 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 (0.40% 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.
- 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 | $609,795 |
| Participant (employee) contributions | $1,312,055 |
| Other contributions (incl. rollovers in) | $41,450 |
| Administrative expenses paid from the plan | $78,168 |
| Contract administrator fees | $59,423 |
| Investment advisory & management fees | $18,745 |
| Benefits paid out | $1,859,434 |
| Net assets, start / end of year | $18.6M / $21.0M |
| Active participants, start / end of year | 567 / 536 |
| Participants with account balances | 618 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas, P.C. |
Largest service providers (Schedule C)
| Newport Group, Inc. | $59,423 reported compensation |
| Cbiz Investment Advisory Service | $30,316 reported compensation |
| Newport Group Consulting | $5,044 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250918140839NAL0001618016001, received 2025-09-18, EIN 86-0828160, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.