Plan Ledger DOL Form 5500 · updated monthly

Tanner Medical Center, Inc401(k)

TANNER ADVANTAGE 401(K) PLAN · CARROLLTON, GA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Tanner Medical Center, Inc reported $353,006 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $2,410 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 0.10% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 87th-largest of 2,160 plans among Georgia employers on file, and the 367th of 11,911 in health care & social assistance. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 3,878 to 4,631 since 2022.

Plan summary
Net assets, end of year$434,624,691
Participants with balances5,475
Active participants4,631
Employer contributions$11,161,893
Employee contributions$27,424,528
Employer contribution per active participant$2,410
Average account balance$79,384
Benefits paid to participants$31,446,530
Plan auditUnmodified (clean) audit opinion
AuditorDRAFFIN & TUCKER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$434.6M · 5,475 accts · $11.2M emplr
2023$375.8M · 5,072 accts · $9.4M emplr
2022$306.7M · 4,750 accts · $7.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$318,887
Investment management$119
Total administrative$353,006
The Tanner Medical Center, Inc 401(k) match · 2024
Employer contribution per active participant$2,410
Median for plans this size$4,294
2024$2,410 per active participant
2023$2,216 per active participant
2022$2,044 per active participant

Tanner Medical Center, Inc's 2024 employer contribution ran below the $4,294 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$318,887
CAP FINANCIAL PARTNERS · Investment advisory (participants)$34,000

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$353,006 · 0.09%
2023$302,652 · 0.09%
2022$339,442 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Navicent Health, Inc. GA$575.0M · 0.01%
Curo Health Services, LLC GA$528.0M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 581790149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.