Signature Health Services, LLC 401(k) Review & Grade
Signature Healthcare at Home 401(k) Plan
Tigard, ORHealth Care & Social Assistance8,165 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$64Employer $ per active participant
$194Employee $ saved per active participant
0.46%Direct admin cost, % of plan assets
$13.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity10.0 / 5020th percentile for employer $ per participant
- Low cost3.6 / 2514th percentile for low admin cost vs. same-size plans
- Employee saving1.4 / 159th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-3 pts1 issue reported on the filing
Total score12 / 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 | 20th |
| Lower admin cost | 14th |
| Employee saving | 9th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Corrective distributions: the plan refunded $105,407 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Signature Health Services put in about $64 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 (0.46% 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 | $521,620 |
| Participant (employee) contributions | $1,587,311 |
| Other contributions (incl. rollovers in) | $444,876 |
| Administrative expenses paid from the plan | $62,329 |
| Benefits paid out | $5,143,528 |
| Net assets, start / end of year | $0 / $13.6M |
| Active participants, start / end of year | 8,165 / 0 |
| Participants with account balances | 360 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly, US, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance | $33,459 reported compensation |
| TPG Financial Advisors | $24,386 reported compensation |
| Professional Benefit Services | $18,930 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015172601NAL0010538866001, received 2025-10-15, EIN 86-1339224, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.