Plan Ledger DOL Form 5500 · updated monthly

Holston Medical Group, Inc.401(k)

HOLSTON MEDICAL GROUP RETIREMENT PLAN · KINGSPORT, TN · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Holston Medical Group, Inc. reported $451,751 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,743 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 0.36% to 0.32%. 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 123rd-largest of 1,496 plans among Tennessee employers on file, and the 801st of 11,911 in health care & social assistance. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 1,068 to 1,210 since 2022.

Plan summary
Net assets, end of year$147,110,981
Participants with balances1,375
Active participants1,210
Employer contributions$3,318,737
Employee contributions$6,512,902
Employer contribution per active participant$2,743
Average account balance$106,990
Benefits paid to participants$11,730,702
Plan auditUnmodified (clean) audit opinion
AuditorBLACKBURN, CHILDERS & STEAGALL, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$147.1M · 1,375 accts · $3.3M emplr
2023$132.9M · 1,288 accts · $5.5M emplr
2022$104.0M · 1,211 accts · $5.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,960
Investment management$299,115
Trustee / custodial$45,676
Total administrative$451,751
The Holston Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,743
Median for plans this size$3,635
2024$2,743 per active participant
2023$4,703 per active participant
2022$4,670 per active participant

Holston Medical Group, Inc.'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 · 20243
NEWPORT GROUP, INC. · Recordkeeping$106,960
INTEGRITY CAPITAL MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$299,115
NEWPORT TRUST COMPANY · Trustee$45,676

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$451,751 · 0.32%
2023$389,483 · 0.33%
2022$391,027 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Orthotennessee, P.C. TN$153.3M · 0.22%
The Campbell Clinic, P.C. TN$148.2M · 0.02%
U.S. Urology Partners, LLC TN$144.0M · 0.11%
Tivity Health, Inc. TN$128.5M · 0.10%
3LS Inc. TN$122.4M

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Source: U.S. Department of Labor, Form 5500 series, EIN 621388079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.