Urgent Team Holdings, Inc. 401(k) Review & Grade
Urgent Team Holdings 401(k) Plan
Nashville, TNHealth Care & Social Assistance1,007 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$508Employer $ per active participant
$1,851Employee $ saved per active participant
1.12%Direct admin cost, % of plan assets
$14.9MNet plan assets, end of year
$16,492Average balance per account
Score breakdown
- Employer generosity17.8 / 5036th percentile for employer $ per participant
- Low cost1.3 / 255th percentile for low admin cost vs. same-size plans
- Employee saving5.9 / 1539th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 36th |
| Lower admin cost | 5th |
| Employee saving | 39th |
| Peers that auto-enroll | 36% |
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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
- Urgent Team Holdings put in about $508 per active participant, below the typical peer ($976). 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 (1.12% of assets) are well above similar-size plans (0.23%). 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 | $511,749 |
| Participant (employee) contributions | $1,863,568 |
| Other contributions (incl. rollovers in) | $788,233 |
| Administrative expenses paid from the plan | $150,129 |
| Contract administrator fees | $150,129 |
| Benefits paid out | $1,803,053 |
| Net assets, start / end of year | $11.9M / $14.9M |
| Active participants, start / end of year | 982 / 1,032 |
| Participants with account balances | 902 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pya, P.C. |
Largest service providers (Schedule C)
| John Hancock Life Insurance Company | $72,070 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015104334NAL0009143634001, received 2025-10-15, EIN 45-2660283, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.