Plan Ledger DOL Form 5500 · updated monthly

Vanguard Healthcare, LLC401(k)

VANGUARD HEALTHCARE, LLC 401(K) SAVINGS PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Vanguard Healthcare, LLC reported $51,861 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $61 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 1.09% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,045th of 1,496), and 7,668th of 11,911 in health care & social assistance. In 2024, employees put in $7.29 for every $1.00 the employer contributed; active participation has grown from 610 to 838 since 2022.

Plan summary
Net assets, end of year$5,425,685
Participants with balances347
Active participants838
Employer contributions$51,384
Employee contributions$374,355
Employer contribution per active participant$61
Average account balance$15,636
Benefits paid to participants$562,292
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 347 accts · $51K emplr
2023$5.0M · 361 accts · $56K emplr
2022$4.5M · 450 accts · $52K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,861
Total administrative$51,861
The Vanguard Healthcare, LLC 401(k) match · 2024
Employer contribution per active participant$61
Median for plans this size$1,313
2024$61 per active participant
2023$75 per active participant
2022$86 per active participant

Vanguard Healthcare, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$51,860
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp

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$51,861 · 1.00%
2023$55,034 · 1.16%
2022$55,718 · 1.09%
Similar plansHealth Care & Social Assistance · Tennessee
Macon Hospital Inc. TN$5.8M · 0.18%
All Care Plus, Inc. TN$5.6M · 1.50%
Advancing Practitioners TN$4.9M · 0.48%
Life Bridges, Inc. TN$4.6M · 2.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621729650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.