Pih Health Good Samaritan Hospital 401(k) Review & Grade
The Good Samaritan Hospital 401(k) Retirement Savings Plan
Los Angeles, CAHealth Care & Social Assistance1,103 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,475Employer $ per active participant
$6,931Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$234.7MNet plan assets, end of year
$147,348Average balance per account
Score breakdown
- Employer generosity38.7 / 5077th percentile for employer $ per participant
- Low cost21.1 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving13.9 / 1593th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score81 / 100 · Grade A
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 77th |
| Lower admin cost | 84th |
| Employee saving | 93th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $132,774 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Pih Health Good Samaritan Hospital put in about $2,475 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.
- 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $2,730,395 |
| Participant (employee) contributions | $7,645,253 |
| Other contributions (incl. rollovers in) | $623,067 |
| Administrative expenses paid from the plan | $134,450 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $36,817 |
| Other admin expenses | $5,400 |
| Benefits paid out | $19,592,077 |
| Net assets, start / end of year | $211.7M / $234.7M |
| Active participants, start / end of year | 978 / 1,228 |
| Participants with account balances | 1,593 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pension Assurance LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $77,263 reported compensation |
| Strategic Advisors, Inc. | $36,817 reported compensation |
| Pension Assurance | $15,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010164238NAL0008029841001, received 2025-10-10, EIN 95-1656366, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.