Other · DOL Form 5500 · 2024

Ballad Health Retirement Plan

Data updated 2026-08-11

$731M
Total assets
12,134
Participants
98th
Percentile by assets
$60,265
Avg per participant
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Official DOL plan name: Ballad Health 403(b) Plan · Sponsored by Ballad Health · Tennessee · Healthcare & Social Assistance

$731M in assets, 12,134 participants

Ballad Health's Ballad Health 403(b) Plan reported $731M in total assets and 12,134 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #16,573 in Healthcare & Social Assistance (16,916 peers)

Coverage in Tennessee

Ballad Health 403(b) Plan covers 12,134 participants in Tennessee, 11x the typical Tennessee plan (state average ~1,126 per filing). Assets: $731M.

$731M
total plan assets (2024 EOY)
12,134
covered participants
98th
percentile by assets (of 123,622 plans)
$60,265
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ballad Health 403(b) Plan end-of-year assets rose from $616M in the plan year 2023 filing to $731M in the plan year 2024 filing.
  • Ballad Health 403(b) Plan reported net income rose from $99M in the plan year 2023 filing to $115M in the plan year 2024 filing.
  • Ballad Health 403(b) Plan reported participants rose from 11,769 in the plan year 2023 filing to 12,134 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Ballad Health 403(b) Plan reports 12,134 participants - 11x that state average ($731M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$616M
Net Assets (End of Year)$731M
Net Income$115M
Employer EIN611771290
Plan Effective Date1996-07-01
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 Other Plans in Tennessee

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

Ballad Health 403(b) Plan vs. nearby Other plans in Tennessee, assets vs. participants

Ballad Health 403(b) Plan vs. nearby Other plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 012345 Total assets ($B) Participants Ballad Health 403(b)…Vanderbilt Universit…Vanderbilt Universit…St. Jude Children's …Dialysis Clinic, Inc…University Health Sy…
Ballad Health 403(b) Plan vs. nearby Other plans in Tennessee, assets vs. participants

Scale composition for Ballad Health 403(b) Plan

Ballad Health 403(b) Plan reports $731M in end-of-year assets across 12,134 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $60,265 per participant (44% of the national average assets-per-participant) . Net income for plan year 2024 was $115M.

This plan identity (EIN 611771290, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $517M to $731M (+41.4%) while covered participants moved from 11,477 to 12,134 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,477 $517M Open filing
2023 11,769 $616M Open filing
2024 · index core 12,134 $731M This page

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

Similar-Sized Other Plans Nationally

Other plans in other states closest to Ballad Health 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Ballad Health 403(b) Plan assets move in 2024?
Ballad Health 403(b) Plan grew sharply - up 18.6% during 2024, from $616M to $731M. Reported net income was $115M.
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 403(b) Plan rank by assets among Form 5500 filers?
Ballad Health 403(b) Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Other plans are similar in size to Ballad Health 403(b) Plan?
Among Other plans in other states, the closest by assets is Scripps Health 403(b) Plan in CA ($729M, 17,599 participants).

Filing takeaways

Ways to act on Ballad Health 403(b) Plan's numbers.