Plan Ledger DOL Form 5500 · updated monthly

Diversified Health Care401(k)

DIVERSIFIED HEALTH CARE 401(K) PLAN · COLLIERVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Diversified Health Care reported $50,776 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $3,000 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 3 years on file its reported administrative ratio fell from 0.70% to 0.61%. 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 (941st of 1,496), and 6,703rd of 11,911 in health care & social assistance. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has shrunk from 160 to 23 since 2022.

Plan summary
Net assets, end of year$7,371,891
Participants with balances162
Active participants23
Employer contributions$69,007
Employee contributions$102,228
Employer contribution per active participant$3,000
Average account balance$45,506
Benefits paid to participants$668,229
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$3.3M · 121 accts · $37K emplr
2024$7.4M · 162 accts · $69K emplr
2023$7.1M · 194 accts · $122K emplr
2022$6.8M · 253 accts · $177K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,661
Investment management$18,115
Total administrative$50,776
The Diversified Health Care 401(k) match · 2024
Employer contribution per active participant$3,000
Median for plans this size$1,313
2025$3,743 per active participant
2024$3,000 per active participant
2023$2,307 per active participant
2022$1,104 per active participant

Diversified Health Care's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK · Recordkeeping$33,165
RAYMOND JAMES & ASSOCIATES · Investment advisory (participants)$18,115

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

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

Administrative cost history4
2025$32,331 · 0.61%
2024$50,776 · 0.70%
2023$49,795 · 0.72%
2022$56,036 · 0.70%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Blood Assurance, Inc. TN$7.9M · 0.35%
Southern Health Partners TN$7.7M · 1.67%
Buffalo Valley, Inc. TN$7.6M · 0.91%
Hutsonwood, Inc. TN$7.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522144985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.