Rochester Regional Health 401(k) Review & Grade
Rochester Regional Health 401(k) Defined Contribution Plan
Rochester, NYHealth Care & Social Assistance2,051 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$601Employer $ per active participant
$4,484Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$92.5MNet plan assets, end of year
$37,324Average balance per account
Score breakdown
- Employer generosity19.6 / 5039th percentile for employer $ per participant
- Low cost18.2 / 2573th percentile for low admin cost vs. same-size plans
- Employee saving11.0 / 1573th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 39th |
| Lower admin cost | 73th |
| Employee saving | 73th |
| 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
- Rochester Regional Health put in about $601 per active participant, below the typical peer ($976). 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 | $1,232,904 |
| Participant (employee) contributions | $9,195,877 |
| Other contributions (incl. rollovers in) | $1,580,698 |
| Administrative expenses paid from the plan | $90,951 |
| Investment advisory & management fees | $16,687 |
| Other admin expenses | $74,264 |
| Benefits paid out | $7,595,317 |
| Net assets, start / end of year | $78.4M / $92.5M |
| Active participants, start / end of year | 1,946 / 2,156 |
| Participants with account balances | 2,479 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Freed Maxick, P.C. |
Largest service providers (Schedule C)
| Fid Inv Inst Ops Co | $74,264 reported compensation |
| Strategic Advisors, Inc. | $16,687 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250922130541NAL0002148675001, received 2025-09-22, EIN 47-1234999, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.