Plan Ledger DOL Form 5500 · updated monthly

Urgent Care Group, LLC401(k)

URGENT CARE GROUP 401(K) PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Urgent Care Group, LLC reported $293,678 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,009 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 rose from 0.87% to 0.92%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 368th-largest of 1,496 plans among Tennessee employers on file, and the 2,461st of 11,911 in health care & social assistance. In 2024, employees put in $3.82 for every $1.00 the employer contributed; active participation has grown from 917 to 1,097 since 2022.

Plan summary
Net assets, end of year$35,097,147
Participants with balances2,068
Active participants1,097
Employer contributions$1,106,743
Employee contributions$4,227,138
Employer contribution per active participant$1,009
Average account balance$16,972
Benefits paid to participants$3,120,408
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$35.1M · 2,068 accts · $1.1M emplr
2023$28.6M · 1,798 accts · $1.3M emplr
2022$22.3M · 1,317 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$293,678
Total administrative$293,678
The Urgent Care Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,009
Median for plans this size$2,416
2024$1,009 per active participant
2023$1,196 per active participant
2022$1,294 per active participant

Urgent Care Group, LLC's 2024 employer contribution ran below the $2,416 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$174,189

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$293,678 · 0.92%
2023$291,547 · 1.14%
2022$121,151 · 0.87%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Watauga Orthopaedics, PLC TN$35.9M · 0.20%
Upperline Health, Inc. TN$35.7M · 0.10%
Sp Practice Management, LLC TN$31.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821794761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.