401(k) · DOL Form 5500 · 2023

National Health Corporation 401(k) Plan

Data updated 2026-08-11

$266M
Total assets
13,894
Participants
96th
Percentile by assets
$19,171
Avg per participant
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Official DOL plan name: National Healthcare Corporation 401(k) Plan · Sponsored by National Health Corporation · Tennessee · Healthcare & Social Assistance

$266M in assets, 13,894 participants

National Health Corporation's National Healthcare Corporation 401(k) Plan reported $266M in total assets and 13,894 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #17,008 in Healthcare & Social Assistance (17,684 peers)

Coverage in Tennessee

National Healthcare Corporation 401(k) Plan covers 13,894 participants in Tennessee, 12x the typical Tennessee plan (state average ~1,126 per filing). Assets: $266M.

$266M
total plan assets (2023 EOY)
13,894
covered participants
96th
percentile by assets (of 127,072 plans)
$19,171
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • National Healthcare Corporation 401(k) Plan reported net income rose from -$45M in the plan year 2022 filing to $49M in the plan year 2023 filing.
  • National Healthcare Corporation 401(k) Plan end-of-year assets rose from $217M in the plan year 2022 filing to $266M in the plan year 2023 filing.
  • National Healthcare Corporation 401(k) Plan reported participants rose from 13,170 in the plan year 2022 filing to 13,894 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. National Healthcare Corporation 401(k) Plan reports 13,894 participants - 12x that state average ($266M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$217M
Net Assets (End of Year)$266M
Net Income$49M
Employer EIN621294263
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Health Corporation)

$200M$300M$400M$500M$600M 202220232024 $308M $494M ▲ +60.3%
Total plan assets by year, all National Health Corporation plans on file
Year Plans Participants Total Assets
2022 2 14,994 $308M
2023 2 15,364 $411M
2024 2 16,819 $494M

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

National Healthcare Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

National Healthcare Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants National Healthcare …Fedex Corporation Re…Hca 401(k) PlanFederal Express Corp…International Paper …Chs/Community Health…
National Healthcare Corporation 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Scale composition for National Healthcare Corporation 401(k) Plan

National Healthcare Corporation 401(k) Plan reports $266M in end-of-year assets across 13,894 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $19,171 per participant (14% of the national average assets-per-participant) . Net income for plan year 2023 was $49M.

This plan identity (EIN 621294263, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $217M to $325M (+49.9%) while covered participants moved from 13,170 to 15,434 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,170 $217M Open filing
2023 13,894 $266M This page
2024 · index core 15,434 $325M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to National Healthcare Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did National Healthcare Corporation 401(k) Plan assets move in 2023?
National Healthcare Corporation 401(k) Plan grew sharply - up 22.8% during 2023, from $217M to $266M. Reported net income was $49M.
How have National Health Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), National Health Corporation's sponsor-wide assets grew 60.3%, from $308M to $494M.
Where does National Healthcare Corporation 401(k) Plan rank by assets among Form 5500 filers?
National Healthcare Corporation 401(k) Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to National Healthcare Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Orix Corporation USA Savings and Investment Plan in TX ($266M, 1,102 participants).

Next read for National Healthcare Corporation 401(k) P…

Filing takeaways

Ways to act on National Healthcare Corporation 401(k) Plan's numbers.