Plan Ledger DOL Form 5500 · updated monthly

Lifepoint Health, Inc.401(k)

LIFEPOINT HEALTH, INC. RETIREMENT PLAN · BRENTWOOD, TN · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Lifepoint Health, Inc. reported $2,071,205 in plan administrative expenses for 2022: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $658 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.

The plan sits in the over $1B size bracket, benchmarked here against 1,066 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 15th-largest of 1,496 plans among Tennessee employers on file, and the 87th of 11,911 in health care & social assistance. In 2022, employees put in $5.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,010,101,394
Participants with balances51,154
Active participants44,377
Employer contributions$29,179,904
Employee contributions$172,269,083
Employer contribution per active participant$658
Average account balance$39,295
Benefits paid to participants$240,539,679
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,948,232
Investment management$80,000
Total administrative$2,071,205
The Lifepoint Health, Inc. 401(k) match · 2022
Employer contribution per active participant$658
Median for plans this size$4,897

Lifepoint Health, Inc.'s 2022 employer contribution ran below the $4,897 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,071,205 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Lifepoint Health, Inc. TN$2.6B · 0.09%
Ameriteam Services, LLC TN$1.8B · 0.18%
Covenant Health TN$894.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201538254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.