Profit Sharing · DOL Form 5500 · 2023
Ballad Health Profit Sharing Plan
Data updated 2026-08-11
- $478M
- Total assets
- 5,420
- Participants
- 97th
- Percentile by assets
- $88,217
- Avg per participant
Official DOL plan name: Ballad Health 401(a) Plan · Sponsored by Ballad Health · Tennessee · Healthcare & Social Assistance
$478M in assets, 5,420 participants
Ballad Health's Ballad Health 401(a) Plan reported $478M in total assets and 5,420 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 127,072 plans)
- #17,252 in Healthcare & Social Assistance (17,684 peers)
Coverage in Tennessee
Ballad Health 401(a) Plan covers 5,420 participants in Tennessee, 4.8x the typical Tennessee plan (state average ~1,126 per filing). Assets: $478M.
- $478M
- total plan assets (2023 EOY)
- 5,420
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $88,217
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Ballad Health 401(a) Plan reported net income rose from $10M in the plan year 2022 filing to $15M in the plan year 2023 filing.
- Ballad Health 401(a) Plan reported participants fell from 5,937 in the plan year 2022 filing to 5,420 in the plan year 2023 filing.
- Ballad Health 401(a) Plan end-of-year assets rose from $463M in the plan year 2022 filing to $478M in the plan year 2023 filing.
Participants vs Tennessee filers
In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Ballad Health 401(a) Plan reports 5,420 participants - 4.8x that state average ($478M EOY assets).
Tennessee filing particulars
| Total Assets (Beginning of Year) | $463M |
|---|---|
| Net Assets (End of Year) | $478M |
| Net Income | $15M |
| Employer EIN | 611771290 |
| Plan Effective Date | 2010-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ballad Health)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 18,330 | $1.1B |
| 2023 | 3 | 18,139 | $1.2B |
| 2024 | 3 | 18,077 | $1.3B |
Nearby Profit Sharing Plans in Tennessee
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Ballad Health 401(a) Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
- Shreveport Electrical Industry Profit Sharing Plan $88M · 494
- New Orleans Electrical Annuity Plan $77M · 1,475
- Ulps Employee Savings Plan $67M · 237
- Gerber/Taylor Capital Advisors Profit Sharing Plan $46M · 40
- Ironworkers Local 808 Annuity Fund $42M · 637
Scale composition for Ballad Health 401(a) Plan
Ballad Health 401(a) Plan reports $478M in end-of-year assets across 5,420 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $88,217 per participant (64% of the national average assets-per-participant) . Net income for plan year 2023 was $15M.
This plan identity (EIN 611771290, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $463M to $486M (+5.0%) while covered participants moved from 5,937 to 4,963 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,937 | $463M | Open filing |
| 2023 | 5,420 | $478M | This page |
| 2024 · index core | 4,963 | $486M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Ballad Health 403(b) Plan (Other, $731M, 12,134 participants)
- Ballad Health 401(a) Plan (Profit Sharing, $486M, 4,963 participants)
- Ballad Health 401(k) Plan (401(k), $126M, 980 participants)
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Ballad Health 401(a) Plan by total assets, not by location.
- Multicare Health System Retirement Account Plan (WA) $478M · 11,441
- I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B (NV) $481M · 4,139
- University of Maryland Medical System 401(a) Defined Contribution Plan (MD) $475M · 6,953
- Iuoe Local 30 Annuity Fund (NY) $483M · 4,593
Frequently Asked Questions
How did Ballad Health 401(a) Plan assets move in 2023? ▼
How have Ballad Health plan assets changed over time? ▼
Where does Ballad Health 401(a) Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Ballad Health 401(a) Plan? ▼
Next read for Ballad Health 401(a) Plan
Filing takeaways
Ways to act on Ballad Health 401(a) Plan's numbers.
- By total assets, Ballad Health 401(a) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Tennessee. Compare plans
- Ballad Health's sponsor-wide assets have grown 24.0% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans