Plan Ledger DOL Form 5500 · updated monthly

Pophealthcare, LLC401(k)

POPHEALTHCARE, LLC 401(K) PLAN · FRANKLIN, TN · plan year 2023

Reported admin expense ratio · 2023
0.50%

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

Pophealthcare, LLC reported $89,341 in plan administrative expenses for 2023: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,162 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 0.54% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 544th-largest of 1,496 plans among Tennessee employers on file, and the 5,535th of 11,654 in professional & technical services. In 2023, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 708 to 592 since 2022.

Plan summary
Net assets, end of year$20,038,114
Participants with balances480
Active participants592
Employer contributions$1,279,715
Employee contributions$2,820,522
Employer contribution per active participant$2,162
Average account balance$41,746
Benefits paid to participants$4,139,541
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 445 accts · $954K emplr
2023$20.0M · 480 accts · $1.3M emplr
2022$15.9M · 503 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$46,065
Investment management$43,276
Total administrative$89,341
The Pophealthcare, LLC 401(k) match · 2023
Employer contribution per active participant$2,162
Median for plans this size$2,440
2024$1,330 per active participant
2023$2,162 per active participant
2022$1,588 per active participant

Pophealthcare, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,065
RESOURCES INVESTMENT ADVISORS LLC · Investment advisory (plan)$43,276

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$96,194 · 0.49%
2023$89,341 · 0.50%
2022$92,034 · 0.54%
Similar plansProfessional & Technical Services · Tennessee
Profitsolv Purchaser, Inc. TN$23.7M · 0.45%
Codescience, Inc. TN$19.0M · 0.48%
Inova Payroll, Inc. TN$18.5M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461845163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.