Plan Ledger DOL Form 5500 · updated monthly

Hillcrest Healthcare Communities, I Nc.403(b)

HILLCREST HEALTHCARE COMMUNITIES 403(B) PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Hillcrest Healthcare Communities, I Nc. reported $18,214 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $453 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 0.85% to 0.55%. 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 (1,183rd of 1,496), and 8,786th of 11,911 in health care & social assistance. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 348 to 400 since 2022.

Plan summary
Net assets, end of year$3,666,481
Participants with balances145
Active participants400
Employer contributions$181,348
Employee contributions$262,406
Employer contribution per active participant$453
Average account balance$25,286
Benefits paid to participants$126,632
Plan auditUnmodified (clean) audit opinion
AuditorLMBC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 145 accts · $181K emplr
2023$3.0M · 130 accts · $143K emplr
2022$2.3M · 108 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,288
Investment management$1,726
Total administrative$18,214
Employer contributions to the Hillcrest Healthcare Communities, I Nc. plan · 2024
Employer contribution per active participant$453
Median for plans this size$1,313
2024$453 per active participant
2023$467 per active participant
2022$362 per active participant

Hillcrest Healthcare Communities, I Nc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
LPL FINANCIAL CORPORATIONindirect comp
TENNESSEE PENSION ADMINISTRATORS · Other servicesindirect comp

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

Administrative cost history3
2024$18,214 · 0.55%
2023$15,649 · 0.59%
2022$21,636 · 0.85%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Adherehealth, LLC TN$3.6M · 0.14%
Comcare, Inc. TN$3.5M · 0.93%
Abco Group, Inc. TN$3.5M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620641093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.