Plan Snapshot
- Plan Sponsor: Ardent Health Partners, INC.
- Sponsor EIN: 621743438
- Sponsor Address: 340 SEVEN SPRINGS WAY, BRENTWOOD, TN, 37027
- Plan Type: 401(k)
- Total Participants: 23,054
- Total Assets: $1.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 23,054 | $1.6B | $44.0M | $105.3M |
| 2023 | 20,951 | $1.4B | $43.9M | $96.6M |
| 2022 | 20,246 | $1.2B | $42.6M | $92.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $768,158 | — | $768,158 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $678,883 | — | $678,883 |
| SAGEVIEW ADVISORY GROUP, LLC | Investment Advisor | $100,000 | — | $100,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- SAGEVIEW ADVISORY GROUP, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,547,041
- Estimated Expense Ratio: 0.098% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,544,090 | $678,883 | $7,800 | — | — |
| 2023 | $1,395,181 | $568,264 | $4,200 | — | — |
| 2022 | $1,456,101 | $521,439 | — | — | — |