Plan Ledger DOL Form 5500 · updated monthly

Blood Assurance, Inc.401(k)

BLOOD ASSURANCE, INC. 401(K) PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Blood Assurance, Inc. reported $27,056 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,402 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 2 years on file its reported administrative ratio rose from 0.33% to 0.35%. 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 (920th of 1,496), and 6,495th of 11,911 in health care & social assistance. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,913,402
Participants with balances131
Active participants191
Employer contributions$267,851
Employee contributions$455,036
Employer contribution per active participant$1,402
Average account balance$60,408
Benefits paid to participants$1,257,128
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON, HICKEY, MURCHISON, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 131 accts · $268K emplr
2023$7.5M · 139 accts · $259K emplr
2022$6.3M · 137 accts · $239K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,056
Total administrative$27,056
The Blood Assurance, Inc. 401(k) match · 2024
Employer contribution per active participant$1,402
Median for plans this size$1,313
2024$1,402 per active participant
2023$1,280 per active participant
2022$1,134 per active participant

Blood Assurance, Inc.'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 · 20246
PROACCOUNT · Investment advisory (participants)$17,100
NATIONWIDE · Investment advisory (participants)$1,915
ERISA SERVICES, INC · Plan administrator$1,750
IRON FINANCIAL · Investment advisory (plan)$1,547
NATIONWIDE LIFE INSURANCE COMPANY$387
PPA/TPA MARLY STONE · Investment advisory (participants)$50

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

Administrative cost history3
2024$27,056 · 0.35%
2023$22,285 · 0.32%
2022$24,092 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Artemis Healthcare, Inc. TN$8.3M · 0.70%
Southern Health Partners TN$7.7M · 1.67%
Buffalo Valley, Inc. TN$7.6M · 0.91%
Diversified Health Care TN$7.4M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620842419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.