Plan Ledger DOL Form 5500 · updated monthly

Smoky Mountain Home Health & Hospice Inc 401(K) Profit Sharing Plan401(k)

SMOKY MOUNTAIN HOME HEALTH & HOSPICE, INC. 401(K) PROFIT SHARING PLAN · NEWPORT, TN · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Smoky Mountain Home Health & Hospice Inc 401(K) Profit Sharing Plan reported $68,977 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,206 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 0.58% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 715th-largest of 1,496 plans among Tennessee employers on file, and the 4,740th of 11,911 in health care & social assistance. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves; active participation has grown from 154 to 170 since 2022.

Plan summary
Net assets, end of year$13,762,279
Participants with balances249
Active participants170
Employer contributions$375,013
Employee contributions$285,387
Employer contribution per active participant$2,206
Average account balance$55,270
Benefits paid to participants$413,160
Plan auditUnmodified (clean) audit opinion
AuditorTARWATER & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 249 accts · $375K emplr
2023$12.2M · 237 accts · $350K emplr
2022$9.8M · 233 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,977
Total administrative$68,977
The Smoky Mountain Home Health & Hospice Inc 401(K) Profit Sharing Plan 401(k) match · 2024
Employer contribution per active participant$2,206
Median for plans this size$2,416
2024$2,206 per active participant
2023$2,096 per active participant
2022$1,623 per active participant

Smoky Mountain Home Health & Hospice Inc 401(K) Profit Sharing Plan'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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$30,096

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$68,977 · 0.53%
2023$61,480 · 0.56%
2022$53,854 · 0.58%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Nashville Dental, Inc. TN$14.4M · 0.66%
Haven Behavioral Health TN$14.0M · 0.93%
Java Medical Center, LLC TN$13.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621569683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.