Plan Ledger DOL Form 5500 · updated monthly

Presbyterian Homes of Tennessee Inc403(b)

PRESBYTERIAN HOMES OF TENNESSEE INC RETIREMENT SAVINGS PLAN · KNOXVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Presbyterian Homes of Tennessee Inc reported $875 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,187 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 0.01% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (774th of 1,496), and the 5,160th of 11,911 in health care & social assistance. In 2022, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,971,244
Participants with balances519
Active participants418
Employer contributions$495,962
Employee contributions$546,456
Employer contribution per active participant$1,187
Average account balance$23,066
Benefits paid to participants$878,599
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 449 accts · $130K emplr
2023$11.9M · 605 accts · $238K emplr
2022$12.0M · 519 accts · $496K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$221
Total administrative$875
Employer contributions to the Presbyterian Homes of Tennessee Inc plan · 2022
Employer contribution per active participant$1,187
Median for plans this size$2,266
2024$432 per active participant
2023$450 per active participant
2022$1,187 per active participant

Presbyterian Homes of Tennessee Inc's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$13,571 · 0.16%
2023$5,838 · 0.05%
2022$875 · 0.01%
Similar plansHealth Care & Social Assistance · Tennessee
Tend Dental, Inc. TN$12.4M · 0.31%
Signal Centers TN$12.4M · 0.72%
Alive Hospice, Inc. TN$11.8M · 0.79%
Axial Healthcare TN$11.5M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620698709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.