Plan Ledger DOL Form 5500 · updated monthly

Tenet Healthcare Corporation401(k)

TENET HEALTHCARE CORPORATION 401(K) RETIREMENT SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Tenet Healthcare Corporation reported $8,968,734 in plan administrative expenses for 2024: 0.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,175 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 0.15% to 0.11%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 16th-largest of 5,688 plans among Texas employers on file, and the 12th of 11,911 in health care & social assistance. In 2024, employees put in $3.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,693,235,208
Participants with balances108,703
Active participants103,052
Employer contributions$121,094,411
Employee contributions$425,366,693
Employer contribution per active participant$1,175
Average account balance$79,972
Benefits paid to participants$1,265,028,324
Plan auditUnmodified (clean) audit opinion
AuditorDELOITTE & TOUCHE
Plan history3
Yearassets · accounts · employer contribution
2024$8.7B · 108,703 accts · $121.1M emplr
2023$8.0B · 110,599 accts · $118.0M emplr
2022$6.8B · 110,877 accts · $115.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,793,405
Investment management$6,127,022
Total administrative$8,968,734
The Tenet Healthcare Corporation 401(k) match · 2024
Employer contribution per active participant$1,175
Median for plans this size$5,259
2024$1,175 per active participant
2023$1,097 per active participant
2022$1,127 per active participant

Tenet Healthcare Corporation's 2024 employer contribution ran below the $5,259 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,855,997
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$1,834,502
MORGAN STANLEY · Investment management$212,139

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$8,968,734 · 0.11%
2023$9,541,057 · 0.13%
2022$11,537,318 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Commonspirit Health KY$8.8B · 0.02%
Sutter Health CA$7.6B · 0.03%
Stanford Health Care CA$6.9B · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 952557091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.