Plan Ledger DOL Form 5500 · updated monthly

Specialized Dental Partners, LLC401(k)

SPECIALIZED DENTAL PARTNERS 401(K) PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Specialized Dental Partners, LLC reported $142,898 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1 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 1 year on file its reported administrative ratio rose from 0.22% to 0.29%. 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 253rd-largest of 1,496 plans among Tennessee employers on file, and the 1,626th of 11,911 in health care & social assistance. In 2024, employees put in $4768.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$59,575,948
Participants with balances1,964
Active participants2,431
Employer contributions$2,381
Employee contributions$11,354,712
Employer contribution per active participant$1
Average account balance$30,334
Benefits paid to participants$2,251,852
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history2
Yearassets · accounts · employer contribution
2024$59.6M · 1,964 accts · $2K emplr
2023$38.4M · 894 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,925
Investment management$71,723
Audit (IQPA)$17,250
Total administrative$142,898
The Specialized Dental Partners, LLC 401(k) match · 2024
Employer contribution per active participant$1
Median for plans this size$2,416

Specialized Dental Partners, 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,252
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$52,435
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$19,288
LBMC, PC · Accounting / audit$17,250

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

Administrative cost history2
2024$142,898 · 0.29%
2023$70,151 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Premier Medical Group, P.C. TN$60.4M · 0.33%
The Surgical Clinic, PLLC TN$59.8M · 0.18%
Paragon Anesthesia, P.C. TN$55.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832414370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.