Plan Ledger DOL Form 5500 · updated monthly

American Physician Partners401(k)

AMERICAN PHYSICIAN PARTNERS 401(K) PLAN · BRENTWOOD, TN · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

American Physician Partners reported $162,116 in plan administrative expenses for 2022: 0.33% of average plan assets, above the peer median. Employer contributions averaged $292 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.

Across the 1 year on file its reported administrative ratio rose from 0.33% to 1.95%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 286th-largest of 1,496 plans among Tennessee employers on file, and the 1,881st of 11,911 in health care & social assistance. In 2022, employees put in $22.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,770,071
Participants with balances943
Active participants1,557
Employer contributions$454,391
Employee contributions$10,086,040
Employer contribution per active participant$292
Average account balance$52,778
Benefits paid to participants$3,483,090
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history2
Yearassets · accounts · employer contribution
2023$1K · 4 accts · $379K emplr
2022$49.8M · 943 accts · $454K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$30,689
Investment management$127,152
Total administrative$162,116
The American Physician Partners 401(k) match · 2022
Employer contribution per active participant$292
Median for plans this size$2,266

American Physician Partners's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$485,175 · 1.95%
2022$162,116 · 0.33%
Similar plansHealth Care & Social Assistance · Tennessee
Healthstar Physicians PC TN$53.8M · 0.35%
Monroe Operations, LLC TN$51.3M · 0.78%
Aegis Sciences Corporation TN$47.7M · 0.01%
Mwd Management, LLC TN$47.3M · 0.37%
Scri Holdings, LLC TN$44.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472968086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.