Profit Sharing · DOL Form 5500 · 2023
Ballad Health Profit Sharing Plan
Data updated 2026-08-25
- $478M
- Total assets Above avg plan size
- 5,420
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $88,217
- Avg per participant Below avg balance/head
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.
- #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.
- #17,252
- in Healthcare & Social Assistance (17,684 peers)
- +3.2%
- assets growth YoY
- 4.8×
- vs typical plan assets (national mean)
Ballad Health 401(a) Plan's outsized position by total assets
Ballad Health 401(a) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$478,135,258 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Ballad Health 401(a) Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ballad Health 401(a) Plan lands in the large band (5,420 participants).
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.
Plan-year Form 5500 strip
Filing strip 611771290 · Ballad Health PY 2023 · Profit Sharing
Ballad Health 401(a) Plan · $478M · 5,420 · 97th
- PART $478M
- TYPE 5,420
- NET 97th
- BOOK Profit Sharing
- VS-ST near Multicare Health System Retirement Account Plan
- BOY ind #17252
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Tennessee →
Ballad Health 401(a) Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Ballad Health plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.3B 24.009065784843845% vs 2022
- 2024 filing year
| 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.
- 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)
Ballad Health 401(a) Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Tennessee, the nearest Profit Sharing by assets is Multicare Health System Retirement Account Plan in WA ($478M); by covered participants it is Nnpp Contractor Capital Accumulation Plan in PA (5,435 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($478M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (5,420 participants); asset peers above are excluded.
- Nnpp Contractor Capital Accumulation Plan (PA) 5,435 · 15 off
- Les Schwab Profit Sharing Retirement Plan (OR) 5,463 · 43 off
- Les Schwab Profit Sharing Retirement Plan (OR) 5,474 · 54 off
- Painting Industry Annuity Fund (NY) 5,509 · 89 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.