Plan Ledger DOL Form 5500 · updated monthly

Jackson Clinic Professional Association401(k)

THE JACKSON CLINIC PROFESSIONAL ASSOCIATION REVISED PROFIT SHARING PLAN · JACKSON, TN · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Jackson Clinic Professional Association reported $181,730 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,547 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 rose from 0.10% to 0.11%. 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 109th-largest of 1,496 plans among Tennessee employers on file, and the 725th of 11,911 in health care & social assistance. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$169,090,752
Participants with balances823
Active participants643
Employer contributions$1,637,741
Employee contributions$2,432,940
Employer contribution per active participant$2,547
Average account balance$205,457
Benefits paid to participants$23,363,944
Plan auditUnmodified (clean) audit opinion
AuditorHORNE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$169.1M · 823 accts · $1.6M emplr
2023$165.2M · 814 accts · $3.0M emplr
2022$151.9M · 806 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,448
Investment management$87,282
Total administrative$181,730
The Jackson Clinic Professional Association 401(k) match · 2024
Employer contribution per active participant$2,547
Median for plans this size$3,635
2024$2,547 per active participant
2023$5,128 per active participant
2022$4,995 per active participant

Jackson Clinic Professional Association'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
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$94,448
FIRST HORIZON ADVISORS INC · Investment advisory (plan) · Pension consulting$87,282
CHARLES SCHWAB & CO., INC. · Securities brokerage · Investment advisory (participants)$44

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$181,730 · 0.11%
2023$175,214 · 0.11%
2022$164,855 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Amsurg, LLC TN$225.8M · 0.10%
Phymed Management, LLC TN$203.9M · 0.07%
Fc Compassus, LLC TN$169.8M · 0.35%
Orthotennessee, P.C. TN$153.3M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 620555660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.