Plan Ledger DOL Form 5500 · updated monthly

Psychiatric Medical Care LLC401(k)

PSYCHIATRIC MEDICAL CARE LLC 401(K) PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Psychiatric Medical Care LLC reported $54,913 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,707 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 0.17% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 722nd-largest of 1,496 plans among Tennessee employers on file, and 6,930th of 11,654 in professional & technical services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 443 to 590 since 2022.

Plan summary
Net assets, end of year$13,594,881
Participants with balances463
Active participants590
Employer contributions$1,007,409
Employee contributions$1,798,053
Employer contribution per active participant$1,707
Average account balance$29,363
Benefits paid to participants$1,193,319
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 463 accts · $1.0M emplr
2023$10.3M · 375 accts · $797K emplr
2022$7.1M · 327 accts · $643K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,762
Investment management$41,151
Total administrative$54,913
The Psychiatric Medical Care LLC 401(k) match · 2024
Employer contribution per active participant$1,707
Median for plans this size$2,416
2024$1,707 per active participant
2023$1,593 per active participant
2022$1,451 per active participant

Psychiatric Medical Care LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$13,762
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$22,209
WELLTH ADVISORY SERVICES, LLC · Investment advisory (plan)$18,776

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$54,913 · 0.46%
2023$53,474 · 0.62%
2022$11,785 · 0.17%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Xsolis, Inc. TN$14.6M · 0.58%
Harrow Health Inc TN$14.5M · 0.80%
Trc Worldwide Engineering TN$14.4M · 0.25%
Built Technologies TN$14.3M · 0.59%
Avertium, LLC TN$13.3M · 0.52%
Blankenship CPA Group, PLLC TN$13.0M · 0.48%
Lisega, Inc. TN$12.9M · 0.59%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200247392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.