Plan Ledger DOL Form 5500 · updated monthly

Advancing Practitioners401(k)

ADVANCING PRACTITIONERS 401K · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.48%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Advancing Practitioners reported $19,980 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $1,495 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,083rd of 1,496), and 7,980th of 11,911 in health care & social assistance. In 2024, employees put in $4.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,880,468
Participants with balances127
Active participants123
Employer contributions$183,920
Employee contributions$907,920
Employer contribution per active participant$1,495
Average account balance$38,429
Benefits paid to participants$273,942
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,805
Investment management$17,175
Total administrative$19,980
The Advancing Practitioners 401(k) match · 2024
Employer contribution per active participant$1,495
Median for plans this size$1,313

Advancing Practitioners's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Trustee$17,174
ADP, INC. · Loan processing · Recordkeeping$2,805

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$19,980 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
All Care Plus, Inc. TN$5.6M · 1.50%
Vanguard Healthcare, LLC TN$5.4M · 1.00%
Life Bridges, Inc. TN$4.6M · 2.00%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 462033116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.