Plan Ledger DOL Form 5500 · updated monthly

Volunteer Behavioral Health Care System401(k)

VOLUNTEER BEHAVIORAL HEALTH SALARY REDUCTION PROFIT SHARING PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Volunteer Behavioral Health Care System reported $88,437 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $606 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 0.51% to 0.48%. 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 558th-largest of 1,496 plans among Tennessee employers on file, and the 3,752nd of 11,911 in health care & social assistance. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 590 to 1,105 since 2022.

Plan summary
Net assets, end of year$19,566,918
Participants with balances390
Active participants1,105
Employer contributions$669,858
Employee contributions$1,025,697
Employer contribution per active participant$606
Average account balance$50,172
Benefits paid to participants$1,247,693
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON, HICKEY & MURCHISON, PC
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 390 accts · $670K emplr
2023$17.2M · 329 accts · $551K emplr
2022$14.5M · 317 accts · $505K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,775
Investment management$42,662
Total administrative$88,437
The Volunteer Behavioral Health Care System 401(k) match · 2024
Employer contribution per active participant$606
Median for plans this size$2,416
2024$606 per active participant
2023$917 per active participant
2022$856 per active participant

Volunteer Behavioral Health Care System'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,775
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$42,662

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$88,437 · 0.48%
2023$78,205 · 0.49%
2022$85,430 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Clean Slate Centers, Inc. TN$20.0M · 0.66%
Plaza Radiology, LLC TN$20.0M · 0.40%
Allergy Associates, P.A. TN$19.9M · 0.04%
Sees Group, LLC TN$18.7M · 0.54%
Caris Healthcare, LP TN$18.2M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621589440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.