Plan Ledger DOL Form 5500 · updated monthly

Quorum Health Resources, LLC401(k)

QUORUM HEALTH RESOURCES RETIREMENT SAVINGS PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Quorum Health Resources, LLC reported $109,318 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $519 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 0.24% to 0.32%. 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 350th-largest of 1,496 plans among Tennessee employers on file, and the 3,502nd of 11,654 in professional & technical services. In 2024, employees put in $6.73 for every $1.00 the employer contributed; active participation has grown from 553 to 1,121 since 2022.

Plan summary
Net assets, end of year$37,246,874
Participants with balances733
Active participants1,121
Employer contributions$581,546
Employee contributions$3,916,004
Employer contribution per active participant$519
Average account balance$50,814
Benefits paid to participants$9,653,481
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$37.2M · 733 accts · $582K emplr
2023$30.1M · 416 accts · $518K emplr
2022$24.6M · 255 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,318
Total administrative$109,318
The Quorum Health Resources, LLC 401(k) match · 2024
Employer contribution per active participant$519
Median for plans this size$2,416
2024$519 per active participant
2023$739 per active participant

Quorum Health Resources, LLC's 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$109,317
TOWERS WATSON INVESTMENT SERVICES, · Investment advisory (plan)indirect comp

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$109,318 · 0.32%
2023$70,082 · 0.26%
2022$66,281 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Pya, P.C. TN$40.0M · 0.30%
Kraftcpas PLLC TN$36.9M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 621742954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.