Plan Ledger DOL Form 5500 · updated monthly

Church Health Center of Memphis, Inc.401(k)

CHURCH HEALTH CENTER EMPLOYEE RETIREMENT PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Church Health Center of Memphis, Inc. reported $33,510 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,107 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 0.32% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (751st of 1,496), and the 4,974th of 11,911 in health care & social assistance. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,738,440
Participants with balances349
Active participants196
Employer contributions$413,011
Employee contributions$681,853
Employer contribution per active participant$2,107
Average account balance$36,500
Benefits paid to participants$1,095,223
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 349 accts · $413K emplr
2023$11.4M · 324 accts · $358K emplr
2022$9.3M · 304 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,934
Investment management$29,576
Total administrative$33,510
The Church Health Center of Memphis, Inc. 401(k) match · 2024
Employer contribution per active participant$2,107
Median for plans this size$2,416
2024$2,107 per active participant
2023$1,886 per active participant
2022$2,045 per active participant

Church Health Center of Memphis, Inc.'s 2024 employer contribution ran below the $2,416 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
THE VANGUARD GROUP, INC. · Recordkeeping$5,898
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (participants) · Investment advisory (plan)$29,576

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$33,510 · 0.28%
2023$33,864 · 0.33%
2022$32,370 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Java Medical Center, LLC TN$13.5M · 0.47%
Tend Dental, Inc. TN$12.4M · 0.31%
Signal Centers TN$12.4M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581716113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.