State of Franklin Healthcare Associates, PLLC.401(k)
STATE OF FRANKLIN HEALTHCARE ASSOCIATES, PLLC 401(K) RETIREMENT PLAN · JOHNSON CITY, TN · plan year 2023
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
State of Franklin Healthcare Associates, PLLC. reported $199,709 in plan administrative expenses for 2023: 0.15% of average plan assets, above the peer median. Employer contributions averaged $8,526 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 fell from 0.16% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 127th-largest of 1,496 plans among Tennessee employers on file, and the 810th of 11,911 in health care & social assistance. In 2023, the employer put in $1.35 for every $1.00 employees contributed themselves.
State of Franklin Healthcare Associates, PLLC.'s 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top 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 2023 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 621730293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.