TMC Healthcare 401(k) Review & Grade
TMC Healthcare 401(k) Plan · d/b/a TMC Health
Tucson, AZHealth Care & Social Assistance5,384 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,613Employer $ per active participant
$5,005Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$379.4MNet plan assets, end of year
$52,830Average balance per account
Score breakdown
- Employer generosity31.8 / 5064th percentile for employer $ per participant
- Low cost10.9 / 2544th percentile for low admin cost vs. same-size plans
- Employee saving10.8 / 1572th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score64 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 44th |
| Employee saving | 72th |
| Peers that auto-enroll | 38% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- TMC Healthcare put in about $1,613 per active participant, more than the typical peer ($800). 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 | $8,684,213 |
| Participant (employee) contributions | $26,948,937 |
| Other contributions (incl. rollovers in) | $4,659,098 |
| Administrative expenses paid from the plan | $531,036 |
| Investment advisory & management fees | $82,964 |
| Benefits paid out | $36,260,907 |
| Net assets, start / end of year | $332.6M / $379.4M |
| Active participants, start / end of year | 5,109 / 5,659 |
| Participants with account balances | 7,182 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Ludwig Klewer & Rudner PLLC |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $416,082 reported compensation |
| Capfinancial Partners LLC | $82,964 reported compensation |
| Ludwig Klewer & Co | $31,990 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014165547NAL0003336913001, received 2025-10-14, EIN 20-2218975, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.