Other · DOL Form 5500 · 2022

Ballad Health Retirement Plan

Data updated 2026-08-11

$517M
Total assets
11,477
Participants
98th
Percentile by assets
$45,068
Avg per participant
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Official DOL plan name: Ballad Health 403(b) Plan · Sponsored by Ballad Health · Tennessee · Healthcare & Social Assistance

$517M in assets, 11,477 participants

Ballad Health's Ballad Health 403(b) Plan reported $517M in total assets and 11,477 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #19,686 in Healthcare & Social Assistance (20,060 peers)

Coverage in Tennessee

Ballad Health 403(b) Plan covers 11,477 participants in Tennessee, 10x the typical Tennessee plan (state average ~1,126 per filing). Assets: $517M.

$517M
total plan assets (2022 EOY)
11,477
covered participants
98th
percentile by assets (of 139,126 plans)
$45,068
avg assets per participant

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Ballad Health 403(b) Plan reports 11,477 participants - 10x that state average ($517M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$435M
Net Assets (End of Year)$517M
Net Income$82M
Employer EIN611771290
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ballad Health)

$1B$1.1B$1.2B$1.3B$1.4B 202220232024 $1.08B $1.34B â–² +24.1%
Total plan assets by year, all Ballad Health plans on file
Year Plans Participants Total Assets
2022 3 18,330 $1.1B
2023 3 18,139 $1.2B
2024 3 18,077 $1.3B

Nearby Other Plans in Tennessee

Peer Other plans, same state, same plan type, ranked by total assets.

Ballad Health 403(b) Plan vs. nearby Other plans in Tennessee, assets vs. participants

Ballad Health 403(b) Plan vs. nearby Other plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 0100002000030000 01234 Total assets ($B) Participants Ballad Health 403(b)…Vanderbilt Universit…Vanderbilt Universit…St. Jude Children's …Southeastern Carpent…Dialysis Clinic, Inc…
Ballad Health 403(b) Plan vs. nearby Other plans in Tennessee, assets vs. participants

Scale composition for Ballad Health 403(b) Plan

Ballad Health 403(b) Plan reports $517M in end-of-year assets across 11,477 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $45,068 per participant (33% of the national average assets-per-participant) . Net income for plan year 2022 was $82M.

This plan identity (EIN 611771290, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $517M to $731M (+41.4%) while covered participants moved from 11,477 to 12,134 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,477 $517M This page
2023 11,769 $616M Open filing
2024 · index core 12,134 $731M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Similar-Sized Other Plans Nationally

Other plans in other states closest to Ballad Health 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Ballad Health 403(b) Plan assets move in 2022?
Ballad Health 403(b) Plan grew sharply - up 18.9% during 2022, from $435M to $517M. Reported net income was $82M.
How have Ballad Health plan assets changed over time?
Across 3 plan years on file (2022-2024), Ballad Health's sponsor-wide assets grew 24.0%, from $1.1B to $1.3B.
Where does Ballad Health 403(b) Plan rank by assets among Form 5500 filers?
Ballad Health 403(b) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Ballad Health 403(b) Plan?
Among Other plans in other states, the closest by assets is Nebraska Medicine Retirement Plan - Employee Contributions in NE ($517M, 9,278 participants).

Filing takeaways

Ways to act on Ballad Health 403(b) Plan's numbers.