Profit Sharing · DOL Form 5500 · 2023

Presbyterian Homes of Tennessee Inc Profit Sharing Plan

Data updated 2026-08-11

$12M
Total assets
418
Participants
62nd
Percentile by assets
$28,372
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Presbyterian Homes of Tennessee Inc Retirement Savings Plan · Sponsored by Presbyterian Homes of Tennessee Inc · Tennessee · Healthcare & Social Assistance

$12M in assets, 418 participants

Presbyterian Homes of Tennessee Inc's Presbyterian Homes of Tennessee Inc Retirement Savings Plan reported $12M in total assets and 418 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • 62nd percentile by assets (of 127,072 plans)
  • #11,978 in Healthcare & Social Assistance (17,684 peers)

Coverage in Tennessee

Presbyterian Homes of Tennessee Inc Retirement Savings Plan covers 418 participants in Tennessee, about 37% of the average Tennessee filer (state average ~1,126 per filing). Assets: $12M.

$12M
total plan assets (2023 EOY)
418
covered participants
62nd
percentile by assets (of 127,072 plans)
$28,372
avg assets per participant

The plan reported a net loss of $112K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Presbyterian Homes of Tennessee Inc Retirement Savings Plan reported net income rose from -$462K in the plan year 2022 filing to -$112K in the plan year 2023 filing.
  • Presbyterian Homes of Tennessee Inc Retirement Savings Plan reported participants fell from 432 in the plan year 2022 filing to 418 in the plan year 2023 filing.
  • Presbyterian Homes of Tennessee Inc Retirement Savings Plan end-of-year assets fell from $12M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Presbyterian Homes of Tennessee Inc Retirement Savings Plan reports 418 participants - about 37% of that state average ($12M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income-$112K
Employer EIN620698709
Plan Effective Date1981-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Presbyterian Homes of Tennessee Inc)

$0M$5M$10M$15M$20M 202220232024 $16.1M $5.65M ▼ -64.9%
Total plan assets by year, all Presbyterian Homes of Tennessee Inc plans on file
Year Plans Participants Total Assets
2022 2 505 $16M
2023 2 476 $16M
2024 1 528 $6M

Nearby Profit Sharing Plans in Tennessee

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

Presbyterian Homes of Tennessee Inc Retirement Savings Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

Presbyterian Homes of Tennessee Inc Retirement Savings Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Presbyterian Homes o…Ballad Health 401(a)…Shreveport Electrica…New Orleans Electric…Ulps Employee Saving…Gerber/Taylor Capita…
Presbyterian Homes of Tennessee Inc Retirement Savings Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Presbyterian Homes of Tennessee Inc Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Presbyterian Homes of Tennessee Inc Retirement Savings Plan assets move in 2023?
Presbyterian Homes of Tennessee Inc Retirement Savings Plan edged down modestly - down 1.0% during 2023, from $12M to $12M. Reported net income was -$112K.
How have Presbyterian Homes of Tennessee Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Presbyterian Homes of Tennessee Inc's sponsor-wide assets declined 64.9%, from $16M to $6M.
Which Profit Sharing plans are similar in size to Presbyterian Homes of Tennessee Inc Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Altronix Corp. Profit Sharing Plan in NY ($12M, 188 participants).

Next read for Presbyterian Homes of Tennessee Inc Reti…

Filing takeaways

Ways to act on Presbyterian Homes of Tennessee Inc Retirement Savings Plan's numbers.