Plan Ledger DOL Form 5500 · updated monthly

Medical Care, PLLC401(k)

MEDICAL CARE 401(K) PLAN · ELIZABETHTON, TN · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Medical Care, PLLC reported $64,919 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $1,827 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 0.89% to 0.78%. 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 (868th of 1,496), and 5,999th of 11,911 in health care & social assistance. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,160,096
Participants with balances134
Active participants177
Employer contributions$323,341
Employee contributions$734,921
Employer contribution per active participant$1,827
Average account balance$68,359
Benefits paid to participants$392,604
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 134 accts · $323K emplr
2023$7.5M · 134 accts · $334K emplr
2022$5.9M · 131 accts · $303K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,745
Investment management$27,174
Total administrative$64,919
The Medical Care, PLLC 401(k) match · 2024
Employer contribution per active participant$1,827
Median for plans this size$1,313
2024$1,827 per active participant
2023$1,848 per active participant
2022$1,693 per active participant

Medical Care, PLLC's 2024 employer contribution ran above the $1,313 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
EDWARD D JONES & CO, LP · Investment advisory (participants)$25,475
WILSHIRE ASSOCIATES INC USA · Investment advisory (participants)$1,698

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$64,919 · 0.78%
2023$51,443 · 0.77%
2022$53,309 · 0.89%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Shearwater Health TN$9.8M · 1.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263961750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.