Plan Ledger DOL Form 5500 · updated monthly

National Health Corporation401(k)

NATIONAL HEALTHCARE CORPORATION 401(K) PLAN · MURFREESBORO, TN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

National Health Corporation reported $209,102 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $163 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 3 years on file its reported administrative ratio has held roughly steady near 0.071%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 69th-largest of 1,496 plans among Tennessee employers on file, and the 462nd of 11,911 in health care & social assistance. In 2024, employees put in $4.62 for every $1.00 the employer contributed; active participation has grown from 13,168 to 19,017 since 2022.

Plan summary
Net assets, end of year$325,287,267
Participants with balances6,844
Active participants19,017
Employer contributions$3,097,837
Employee contributions$14,311,642
Employer contribution per active participant$163
Average account balance$47,529
Benefits paid to participants$31,230,503
Plan auditUnmodified (clean) audit opinion
AuditorJOBE, HASTINGS & ASSOCIATES, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$325.3M · 6,844 accts · $3.1M emplr
2023$265.8M · 5,839 accts · $2.5M emplr
2022$216.9M · 6,816 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$164,895
Investment management$44,207
Total administrative$209,102
The National Health Corporation 401(k) match · 2024
Employer contribution per active participant$163
Median for plans this size$4,294
2024$163 per active participant
2023$160 per active participant
2022$198 per active participant

National Health Corporation's 2024 employer contribution ran below the $4,294 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 · 20241
THE TRUST COMPANY OF TENNESSEE · Recordkeeping · Trustee$164,895

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

Recordkeeper by year2
2024THE TRUST COMPANY OF TENNESSEE
2023THE TRUST COMPANY OF TENNESSEE

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

Administrative cost history3
2024$209,102 · 0.07%
2023$155,228 · 0.06%
2022$172,268 · 0.07%
All plans at this employer2
NATIONAL HEALTH CORP LEVERAGED EMPLOYEE STOCK OWNERSHIP PLANESOP
NATIONAL HEALTHCARE CORPORATION 401(K) PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Brookdale Senior Living Inc. TN$466.1M · 0.17%
Dialysis Clinic, Inc. TN$445.9M · 0.20%
Summit Medical Group, PLLC TN$348.1M · 0.14%
Surgery Partners, Inc. TN$314.9M · 0.20%
Wellpath Holdings, Inc. TN$285.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621294263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.