Plan Ledger DOL Form 5500 · updated monthly

Chs Employee Group, LLC401(k)

CHS EMPLOYEE GROUP, LLC 401(K) RETIREMENT PLAN · BRENTWOOD, TN · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Chs Employee Group, LLC reported $140,831 in plan administrative expenses for 2023: 0.15% of average plan assets, above the peer median. Employer contributions averaged $391 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 0.08% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 162nd-largest of 1,496 plans among Tennessee employers on file, and the 1,100th of 11,911 in health care & social assistance. In 2023, employees put in $5.63 for every $1.00 the employer contributed; active participation has grown from 2,061 to 3,104 since 2022.

Plan summary
Net assets, end of year$100,356,988
Participants with balances2,130
Active participants3,104
Employer contributions$1,212,362
Employee contributions$6,826,555
Employer contribution per active participant$391
Average account balance$47,116
Benefits paid to participants$12,253,569
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$100.4M · 2,008 accts · $1.1M emplr
2023$100.4M · 2,130 accts · $1.2M emplr
2022$87.3M · 2,177 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,237
Investment management$45,000
Audit (IQPA)$49,500
Total administrative$140,831
The Chs Employee Group, LLC 401(k) match · 2023
Employer contribution per active participant$391
Median for plans this size$3,659
2024$625 per active participant
2023$391 per active participant
2022$489 per active participant

Chs Employee Group, LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$27,271
OPPENHEIMER & CO INC · Consulting · Investment advisory (plan)$60,000
LATTIMORE BLACK MORGAN & CAIN PC · Accounting / audit$49,500

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$117,106 · 0.12%
2023$140,831 · 0.15%
2022$81,780 · 0.08%
Similar plansHealth Care & Social Assistance · Tennessee
Associated Pathologists, LLC TN$117.0M · 0.09%
Ushv Management, LLC TN$100.5M · 0.15%
The West Clinic PLLC TN$98.2M · 0.25%
Cimplify TN$91.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232704721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.