Resources for Human Development, Inc. 401(k) Review & Grade
RHD Investors Choice 403(b) Plan
Philadelphia, PAHealth Care & Social Assistance3,646 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$131Employer $ per active participant
$661Employee $ saved per active participant
0.81%Direct admin cost, % of plan assets
$23.8MNet plan assets, end of year
$8,472Average balance per account
Score breakdown
- Employer generosity13.0 / 5026th percentile for employer $ per participant
- Low cost1.6 / 256th percentile for low admin cost vs. same-size plans
- Employee saving2.9 / 1520th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score18 / 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 | 26th |
| Lower admin cost | 6th |
| Employee saving | 20th |
| Peers that auto-enroll | 38% |
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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
- Resources for Human Development put in about $131 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 (0.81% 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 | $477,553 |
| Participant (employee) contributions | $2,410,700 |
| Other contributions (incl. rollovers in) | $215,958 |
| Administrative expenses paid from the plan | $193,384 |
| Benefits paid out | $6,006,823 |
| Net assets, start / end of year | $23.8M / $23.8M |
| Active participants, start / end of year | 3,908 / 3,383 |
| Participants with account balances | 2,806 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015090206NAL0002137539001, received 2025-10-15, EIN 23-1727133, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.