Plan Ledger DOL Form 5500 · updated monthly

Mental Health Cooperative Inc.403(b)

MENTAL HEALTH COOPERATIVE RETIREMENT PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Mental Health Cooperative Inc. reported $100,341 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $2,368 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 0.17% to 0.20%. 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 277th-largest of 1,496 plans among Tennessee employers on file, and the 1,789th of 11,911 in health care & social assistance. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 775 to 855 since 2022.

Plan summary
Net assets, end of year$52,843,723
Participants with balances1,228
Active participants855
Employer contributions$2,024,525
Employee contributions$4,236,081
Employer contribution per active participant$2,368
Average account balance$43,032
Benefits paid to participants$7,832,936
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.8M · 1,228 accts · $2.0M emplr
2023$48.1M · 1,183 accts · $2.0M emplr
2022$38.3M · 1,025 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,890
Investment management$80,451
Total administrative$100,341
Employer contributions to the Mental Health Cooperative Inc. plan · 2024
Employer contribution per active participant$2,368
Median for plans this size$3,635
2024$2,368 per active participant
2023$2,349 per active participant
2022$2,430 per active participant

Mental Health Cooperative 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$21,638
RPA FINANCIAL · Investment advisory (plan)$76,685

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$100,341 · 0.20%
2023$78,914 · 0.18%
2022$70,872 · 0.17%
Same employer
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Phynet Dermatology, LLC TN$54.6M · 0.42%
Healthstar Physicians PC TN$53.8M · 0.35%
Monroe Operations, LLC TN$51.3M · 0.78%
American Physician Partners TN$49.8M · 0.33%
Aegis Sciences Corporation TN$47.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582018687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.