What is the average account balance in the Fahc, Inc. 401(k)?

Name: Fahc, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

The average participant account balance was $4,117 for plan year 2022, based on 9,477 accounts.

Fahc, Inc.ESOP

AHC EMPLOYEE STOCK OWNERSHIP PLAN · PARSONS, TN · plan year 2022

Plan assets · 2022

$39.0M

Fahc, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $39,018,459 across 9,477 participant accounts. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 340th-largest of 1,496 plans among Tennessee employers on file, and the 2,277th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$39,018,459
Participants with balances9,477
Active participants2,141
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$4,117
Benefits paid to participants$51,101
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC

Plan history3

Yearassets · accounts · employer contribution

2024$47K · $941K emplr

2023$24.1M · 9,506 accts

2022$39.0M · 9,477 accts

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

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Source: U.S. Department of Labor, Form 5500 series, EIN 862228182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.