Plan Snapshot
- Plan Sponsor: Lifepoint Health, INC.
- Sponsor EIN: 270500485
- Sponsor Address: 330 SEVEN SPRINGS WAY, BRENTWOOD, TN, 37027
- Plan Type: 401(k)
- Total Participants: 53,062
- Total Assets: $2.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 53,062 | $2.6B | $37.7M | $200.0M |
| 2023 | 47,102 | $2.3B | $32.1M | $177.8M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $2,035,155 | — | $2,035,155 |
| JANNEY MONTGOMERY SCOTT LLC | INVESTMENT ADVISOR | $80,000 | — | $80,000 |
| LBMC PC | AUDITOR | $14,750 | — | $14,750 |
| LBMC, PC | Auditor | $14,750 | — | $14,750 |
| PRUDENTIAL INVESTMENT MANAGEMENT SE | NONE | $1,596 | $12,555 | $14,151 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JANNEY MONTGOMERY SCOTT LLC — INVESTMENT ADVISOR
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,158,806
- Estimated Expense Ratio: 0.084% 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 | $2,247,816 | $80,000 | $438,989 | $14,750 | — |
| 2023 | $2,072,523 | $80,000 | $1,967,955 | — | — |