Trinity Health Corporation 401(k) Review & Grade
Genesis Employer Contribution Plan
Livonia, MIHealth Care & Social Assistance4,690 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$892Employer $ per active participant
$114Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$144.6MNet plan assets, end of year
$26,107Average balance per account
Score breakdown
- Employer generosity26.4 / 5053th percentile for employer $ per participant
- Low cost22.8 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving0.8 / 155th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score60 / 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 | 53th |
| Lower admin cost | 91th |
| Employee saving | 5th |
| Peers that auto-enroll | 38% |
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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
- Trinity Health put in about $892 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 | $4,181,140 |
| Participant (employee) contributions | $536,364 |
| Other contributions (incl. rollovers in) | $370,643 |
| Administrative expenses paid from the plan | $39,136 |
| Benefits paid out | $19,443,557 |
| Net assets, start / end of year | $140.4M / $144.6M |
| Active participants, start / end of year | 4,680 / 4,699 |
| Participants with account balances | 5,539 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $41,416 reported compensation |
| Charles Schwab & Co., Inc. | $125 reported compensation |
| National Financial Services | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013103808NAL0000489123001, received 2025-10-13, EIN 35-1443425, plan #011, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.