Plan Ledger DOL Form 5500 · updated monthly

Bone and Joint Institute of Tennessee Inc.403(b)

BONE AND JOINT INSTITUTE OF TENNESSEE 403B PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Bone and Joint Institute of Tennessee Inc. reported $988 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,750 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 fell from 0.02% to 0.01%. 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 (870th of 1,496), and 6,021st of 11,911 in health care & social assistance. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 253 to 298 since 2022.

Plan summary
Net assets, end of year$9,115,210
Participants with balances160
Active participants298
Employer contributions$521,463
Employee contributions$870,864
Employer contribution per active participant$1,750
Average account balance$56,970
Benefits paid to participants$189,840
Plan auditUnmodified (clean) audit opinion
AuditorLBMC PC
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 160 accts · $521K emplr
2023$6.9M · 143 accts · $490K emplr
2022$4.9M · 119 accts · $464K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$988
Total administrative$988
Employer contributions to the Bone and Joint Institute of Tennessee Inc. plan · 2024
Employer contribution per active participant$1,750
Median for plans this size$1,313
2024$1,750 per active participant
2023$1,602 per active participant
2022$1,835 per active participant

Bone and Joint Institute of Tennessee 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 · 20241
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$1,438

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$988 · 0.01%
2023$633 · 0.01%
2022$1,057 · 0.02%
Similar plansHealth Care & Social Assistance · Tennessee
Shearwater Health TN$9.8M · 1.17%
Medical Care, PLLC TN$9.2M · 0.78%
Artemis Healthcare, Inc. TN$8.3M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822418202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.