Trihealth, Inc. 401(k) Review & Grade
Trihealth 401(k) Retirement Savings Plan
Cincinnati, OHHealth Care & Social Assistance12,602 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,195Employer $ per active participant
$6,203Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$1.4BNet plan assets, end of year
$73,715Average balance per account
Score breakdown
- Employer generosity44.3 / 5089th percentile for employer $ per participant
- Low cost8.4 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving11.8 / 1579th percentile for employee $ per participant
- Plan features7 / 10Auto-enrollment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 10,000+ active participants (115 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 34th |
| Employee saving | 79th |
| Peers that auto-enroll | 52% |
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Red flags from the filing
Corrective distributions: the plan refunded $59,463 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Trihealth put in about $4,195 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.
- Direct plan expenses (0.13% of assets) are well above similar-size plans (0.09%). 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.
- 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 | $52,873,693 |
| Participant (employee) contributions | $78,169,249 |
| Other contributions (incl. rollovers in) | $25,992,183 |
| Administrative expenses paid from the plan | $1,688,788 |
| Investment advisory & management fees | $118,634 |
| Other admin expenses | $900 |
| Benefits paid out | $109,539,232 |
| Net assets, start / end of year | $1.2B / $1.4B |
| Active participants, start / end of year | 12,308 / 12,897 |
| Participants with account balances | 18,842 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | E&y |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $1,544,254 reported compensation |
| Nepc LLC | $75,346 reported compensation |
| Tempo Holding Company LLC DBA Aligh | $40,339 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015184443NAL0010803538001, received 2025-10-15, EIN 31-1438846, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.