Pacesetters, Incorporated401(k)
PACESETTERS, INCORPORATED 401(K) RETIREMENT PLAN · COOKEVILLE, TN · plan year 2022
Pacesetters, Incorporated's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,491,253 across 52 participant accounts, with employer contributions averaging $350 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,365th of 1,496), and 10,477th of 11,911 in health care & social assistance. In 2022, employees put in $1.90 for every $1.00 the employer contributed.
Pacesetters, Incorporated's 2022 employer contribution ran below the $1,114 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 620859952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.