Plan Ledger DOL Form 5500 · updated monthly

Piedmont Healthcare, Inc.401(k)

PIEDMONT HEALTHCARE, INC. 401(K) TOMORROWPLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Piedmont Healthcare, Inc. reported $1,776,005 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $2,997 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 0.10% to 0.07%. 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 13th-largest of 2,160 plans among Georgia employers on file, and the 55th of 11,911 in health care & social assistance. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 27,877 to 35,819 since 2022.

Plan summary
Net assets, end of year$2,861,014,390
Participants with balances45,125
Active participants35,819
Employer contributions$107,367,169
Employee contributions$180,419,116
Employer contribution per active participant$2,997
Average account balance$63,402
Benefits paid to participants$201,757,625
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9B · 45,125 accts · $107.4M emplr
2023$2.4B · 42,939 accts · $98.1M emplr
2022$1.8B · 35,879 accts · $81.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,516,145
Investment management$128,116
Total administrative$1,776,005
The Piedmont Healthcare, Inc. 401(k) match · 2024
Employer contribution per active participant$2,997
Median for plans this size$5,259
2024$2,997 per active participant
2023$2,888 per active participant
2022$2,917 per active participant

Piedmont Healthcare, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,628,635
AON INVESTMENTS USA INC. · Investment advisory (plan)$128,116

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

Administrative cost history3
2024$1,776,005 · 0.07%
2023$1,984,301 · 0.09%
2022$1,828,734 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
William Beaumont Hospital MI$3.0B · 0.11%
Geisinger System Services PA$3.0B · 0.04%
Emory Healthcare, Inc. GA$2.8B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581503902 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.