Plan Ledger DOL Form 5500 · updated monthly

The West Clinic PLLC401(k)

THE WEST CLINIC 401(K) AND PROFIT SHARING PLAN · GERMANTOWN, TN · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

The West Clinic PLLC reported $221,016 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,953 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 3 years on file its reported administrative ratio has held roughly steady near 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 166th-largest of 1,496 plans among Tennessee employers on file, and the 1,114th of 11,911 in health care & social assistance. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has grown from 663 to 735 since 2022.

Plan summary
Net assets, end of year$98,208,492
Participants with balances1,022
Active participants735
Employer contributions$3,640,654
Employee contributions$3,778,348
Employer contribution per active participant$4,953
Average account balance$96,094
Benefits paid to participants$3,327,551
Plan auditUnmodified (clean) audit opinion
AuditorHORNE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$98.2M · 1,022 accts · $3.6M emplr
2023$82.1M · 935 accts · $3.4M emplr
2022$65.3M · 902 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$122,835
Investment management$92,100
Trustee / custodial$300
Total administrative$221,016
The The West Clinic PLLC 401(k) match · 2024
Employer contribution per active participant$4,953
Median for plans this size$3,635
2024$4,953 per active participant
2023$5,045 per active participant
2022$4,576 per active participant

The West Clinic PLLC's 2024 employer contribution ran above the $3,635 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
THE RETIREMENT PLAN COMPANY, LLC$128,616
HIGHLAND CAPITAL MANAGEMENT, LLC$92,100

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$221,016 · 0.25%
2023$190,899 · 0.26%
2022$179,873 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Ushv Management, LLC TN$100.5M · 0.15%
Chs Employee Group, LLC TN$100.4M · 0.15%
Cimplify TN$91.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621526296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.