Plan Ledger DOL Form 5500 · updated monthly

Consolidated Medical Practices of Memphis, PLLC401(k)

CONSOLIDATED MEDICAL PRACTICES RETIREMENT PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Consolidated Medical Practices of Memphis, PLLC reported $127,384 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,959 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 338th-largest of 1,496 plans among Tennessee employers on file, and the 2,269th of 11,911 in health care & social assistance. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 312 to 351 since 2022.

Plan summary
Net assets, end of year$39,266,546
Participants with balances190
Active participants351
Employer contributions$687,654
Employee contributions$1,426,360
Employer contribution per active participant$1,959
Average account balance$206,666
Benefits paid to participants$1,038,560
Plan auditUnmodified (clean) audit opinion
AuditorCANNON WRIGHT BLOUNT, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$39.3M · 190 accts · $688K emplr
2023$32.9M · 202 accts · $648K emplr
2022$26.7M · 191 accts · $646K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,689
Investment management$37,695
Total administrative$127,384
The Consolidated Medical Practices of Memphis, PLLC 401(k) match · 2024
Employer contribution per active participant$1,959
Median for plans this size$2,416
2024$1,959 per active participant
2023$1,922 per active participant
2022$2,072 per active participant

Consolidated Medical Practices of Memphis, PLLC'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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$89,231
BDC ADVISORY, LLC · Investment advisory (plan)$36,836

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$127,384 · 0.35%
2023$101,099 · 0.34%
2022$94,789 · 0.33%
Similar plansHealth Care & Social Assistance · Tennessee
Mwd Management, LLC TN$47.3M · 0.37%
Scri Holdings, LLC TN$44.5M · 0.20%
Fahc, Inc. TN$39.0M
Nephrology Associates, P.C. TN$37.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262851160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.