Saint Francis Health System Inc 401(k) Review & Grade
Saint Francis Health System, Inc. 401(k) Savings P
Tulsa, OKHealth Care & Social Assistance11,378 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,482Employer $ per active participant
$5,072Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$1.0BNet plan assets, end of year
$68,803Average balance per account
Score breakdown
- Employer generosity39.0 / 5078th percentile for employer $ per participant
- Low cost19.1 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving8.4 / 1556th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Health Care & Social Assistance plans with 10,000+ active participants (115 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 78th |
| Lower admin cost | 76th |
| Employee saving | 56th |
| Peers that auto-enroll | 52% |
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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
- Saint Francis Health System put in about $3,482 per active participant, more than the typical peer ($2,086). 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 | $39,615,798 |
| Participant (employee) contributions | $57,703,596 |
| Other contributions (incl. rollovers in) | $7,134,765 |
| Administrative expenses paid from the plan | $394,821 |
| Other admin expenses | $394,821 |
| Benefits paid out | $77,665,565 |
| Net assets, start / end of year | $867.1M / $1.0B |
| Active participants, start / end of year | 10,537 / 12,219 |
| Participants with account balances | 14,619 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Eide Bailly LLP |
Largest service providers (Schedule C)
| Fidelity Investments Inst. Ops. Co. | $315,506 reported compensation |
| Andco Consulting L.L.C. | $59,490 reported compensation |
| Eide Bailly LLP | $19,825 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250730115834NAL0001898819002, received 2025-07-30, EIN 73-1501972, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.