Sp Management Services, Inc.401(k)
SURGERY PARTNERS 401(K) PLAN · BRENTWOOD, TN · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Sp Management Services, Inc. reported $850,758 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,298 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.
The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 55th-largest of 1,496 plans among Tennessee employers on file, and the 94th of 786 in management of companies. In 2024, employees put in $2.32 for every $1.00 the employer contributed.
Sp Management Services, Inc.'s 2024 employer contribution ran below the $4,294 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 621736048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.