401(k) · DOL Form 5500 · 2024

Ballad Health 401(k) Plan

Data updated 2026-08-11

$126M
Total assets
980
Participants
92nd
Percentile by assets
$129,027
Avg per participant
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Official DOL plan name: Ballad Health 401(k) Plan · Sponsored by Ballad Health · Tennessee · Healthcare & Social Assistance

$126M in assets, 980 participants

Ballad Health's Ballad Health 401(k) Plan reported $126M in total assets and 980 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 123,622 plans)
  • #15,738 in Healthcare & Social Assistance (16,916 peers)

Where Ballad Health 401(k) Plan sits by assets

Ballad Health 401(k) Plan sits in the top 10% of all filed plans by assets, $126M for 980 participants (~$129,027/participant), up 11.1% in 2024.

$126M
total plan assets (2024 EOY)
980
covered participants
92nd
percentile by assets (of 123,622 plans)
$129,027
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ballad Health 401(k) Plan reported net income rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Ballad Health 401(k) Plan end-of-year assets rose from $114M in the plan year 2023 filing to $126M in the plan year 2024 filing.
  • Ballad Health 401(k) Plan reported participants rose from 950 in the plan year 2023 filing to 980 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Ballad Health 401(k) Plan vs the 2024 asset distribution

By assets, Ballad Health 401(k) Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$114M
Net Assets (End of Year)$126M
Net Income$13M
Employer EIN611771290
Plan Effective Date1998-11-22
Filing StatusFILING RECEIVED

Sponsor Plan History (Ballad Health)

$1B$1.1B$1.2B$1.3B$1.4B 202220232024 $1.08B $1.34B ▲ +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 401(k) Plans in Tennessee

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

Ballad Health 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Ballad Health 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 Ballad Health 401(k)…Fedex Corporation Re…Hca 401(k) PlanFederal Express Corp…International Paper …Chs/Community Health…
Ballad Health 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ballad Health 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Ballad Health 401(k) Plan assets move in 2024?
Ballad Health 401(k) Plan grew at a solid clip - up 11.1% during 2024, from $114M to $126M. Reported net income was $13M.
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 401(k) Plan rank by assets among Form 5500 filers?
Ballad Health 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Ballad Health 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Gmg Employees Savings Plan in MI ($126M, 2,237 participants).

Scale reading

Ways to act on Ballad Health 401(k) Plan's numbers.