Plan Ledger DOL Form 5500 · updated monthly

Tennessee Cancer Specialists, PLLC401(k)

TENNESSEE CANCER SPECIALISTS, PLLC 401(K) RETIREMENT PLAN · KNOXVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Tennessee Cancer Specialists, PLLC reported $3,310 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,582 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 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 380th-largest of 1,496 plans among Tennessee employers on file, and the 2,534th of 11,911 in health care & social assistance. In 2023, the employer put in $1.49 for every $1.00 employees contributed themselves; active participation has grown from 173 to 191 since 2022.

Plan summary
Net assets, end of year$33,886,353
Participants with balances286
Active participants191
Employer contributions$1,448,233
Employee contributions$974,945
Employer contribution per active participant$7,582
Average account balance$118,484
Benefits paid to participants$1,032,189
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $917K emplr
2023$33.9M · 286 accts · $1.4M emplr
2022$27.1M · 256 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,310
Total administrative$3,310
The Tennessee Cancer Specialists, PLLC 401(k) match · 2023
Employer contribution per active participant$7,582
Median for plans this size$2,440
2023$7,582 per active participant
2022$7,631 per active participant

Tennessee Cancer Specialists, PLLC's 2023 employer contribution ran above the $2,440 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$3,310 · 0.01%
2022$510 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Upperline Health, Inc. TN$35.7M · 0.10%
Urgent Care Group, LLC TN$35.1M · 0.92%
Sp Practice Management, LLC TN$31.8M · 0.15%
Traditions Health, LLC TN$31.0M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200677400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.