Plan Ledger DOL Form 5500 · updated monthly

Healthstar Physicians PC401(k)

HEALTHSTAR PHYSICIANS PC 401(K) RETIREMENT PLAN · MORRISTOWN, 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

Healthstar Physicians PC reported $181,117 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,166 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 0.38% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 274th-largest of 1,496 plans among Tennessee employers on file, and the 1,760th of 11,911 in health care & social assistance. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,777,797
Participants with balances492
Active participants519
Employer contributions$1,124,289
Employee contributions$2,097,306
Employer contribution per active participant$2,166
Average account balance$109,304
Benefits paid to participants$4,673,867
Plan auditUnmodified (clean) audit opinion
AuditorCRAINE, THOMPSON & JONES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$53.8M · 492 accts · $1.1M emplr
2023$49.0M · 528 accts · $1.1M emplr
2022$40.9M · 527 accts · $996K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,355
Trustee / custodial$78,762
Total administrative$181,117
The Healthstar Physicians PC 401(k) match · 2024
Employer contribution per active participant$2,166
Median for plans this size$3,635
2024$2,166 per active participant
2023$2,107 per active participant
2022$1,972 per active participant

Healthstar Physicians PC's 2024 employer contribution ran below the $3,635 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 TRUST COMPANY OF TENNESSEE · Recordkeeping · Trustee$181,117
THOROUGHBRED FINANCIAL SERVICES LLC · Investment advisory (participants) · Securities brokerage$7,144

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

Recordkeeper by year2
2024THE TRUST COMPANY OF TENNESSEE
2023THE TRUST COMPANY OF TENNESSEE

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

Administrative cost history3
2024$181,117 · 0.35%
2023$170,050 · 0.38%
2022$171,326 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Paragon Anesthesia, P.C. TN$55.2M · 0.11%
Phynet Dermatology, LLC TN$54.6M · 0.42%
Monroe Operations, LLC TN$51.3M · 0.78%
American Physician Partners TN$49.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621612894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.