Plan Ledger DOL Form 5500 · updated monthly

Lifepoint Health, Inc.401(k)

LIFEPOINT HEALTH, INC. RETIREMENT PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Lifepoint Health, Inc. reported $2,247,816 in plan administrative expenses for 2024: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $710 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 has held roughly steady near 0.09%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 10th-largest of 1,496 plans among Tennessee employers on file, and the 66th of 11,911 in health care & social assistance. In 2024, employees put in $5.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,575,185,745
Participants with balances56,153
Active participants53,062
Employer contributions$37,698,222
Employee contributions$199,981,486
Employer contribution per active participant$710
Average account balance$45,860
Benefits paid to participants$288,679,776
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history2
Yearassets · accounts · employer contribution
2024$2.6B · 56,153 accts · $37.7M emplr
2023$2.3B · 50,845 accts · $32.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,027,973
Investment management$80,000
Audit (IQPA)$14,750
Total administrative$2,247,816
The Lifepoint Health, Inc. 401(k) match · 2024
Employer contribution per active participant$710
Median for plans this size$5,259
2024$710 per active participant
2023$682 per active participant

Lifepoint Health, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$2,035,155
NATIONAL FINANCIAL SERVICES, LLC · Recordkeepingindirect comp
JANNEY MONTGOMERY SCOTT LLC · Investment advisory (plan)$80,000
LBMC PC · Accounting / audit$14,750

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, NATIONAL FINANCIAL SERVICES, LLC
2023Prudential

This plan has changed recordkeepers within these filings. If you left Lifepoint Health, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$2,247,816 · 0.09%
2023$2,072,523 · 0.10%
Similar plansHealth Care & Social Assistance · Tennessee
Hca Inc. TN$23.8B
Lifepoint Health, Inc. TN$2.0B · 0.09%
Ameriteam Services, LLC TN$1.8B · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270500485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.