Plan Snapshot
- Plan Sponsor: Ballad Health
- Sponsor EIN: 611771290
- Sponsor Address: 311 PRINCETON ROAD, SUITE 1, JOHNSON CITY, TN, 376012080
- Plan Type: 401(k)
- Total Participants: 980
- Total Assets: $113.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 980 | $113.9M | $0 | $0 |
| 2023 | 950 | $103.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| PYAPC | Auditor | $4,120 | — | $4,120 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,120
- Estimated Expense Ratio: 0.004% 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 | $60,253 | $3,750 | $52,383 | $4,120 | — |
| 2023 | $57,247 | $3,750 | $47,425 | — | $6,072 |