Profit Sharing · DOL Form 5500 · 2024
Ballad Health Profit Sharing Plan
Data updated 2026-08-11
- $486M
- Total assets
- 4,963
- Participants
- 97th
- Percentile by assets
- $97,982
- Avg per participant
Official DOL plan name: Ballad Health 401(a) Plan · Sponsored by Ballad Health · Tennessee · Healthcare & Social Assistance
$486M in assets, 4,963 participants
Ballad Health's Ballad Health 401(a) Plan reported $486M in total assets and 4,963 participants in its 2024 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 123,622 plans)
- #16,441 in Healthcare & Social Assistance (16,916 peers)
Coverage in Tennessee
Ballad Health 401(a) Plan covers 4,963 participants in Tennessee, 4.4x the typical Tennessee plan (state average ~1,126 per filing). Assets: $486M.
- $486M
- total plan assets (2024 EOY)
- 4,963
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $97,982
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Ballad Health 401(a) Plan reported net income fell from $15M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Ballad Health 401(a) Plan reported participants fell from 5,420 in the plan year 2023 filing to 4,963 in the plan year 2024 filing.
- Ballad Health 401(a) Plan end-of-year assets rose from $478M in the plan year 2023 filing to $486M in the plan year 2024 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 4,963 participants - 4.4x that state average ($486M EOY assets).
Tennessee filing particulars
| Total Assets (Beginning of Year) | $478M |
|---|---|
| Net Assets (End of Year) | $486M |
| Net Income | $8M |
| 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 $95M · 527
- New Orleans Electrical Annuity Plan $88M · 1,393
- Ulps Employee Savings Plan $78M · 236
- Thompson Machinery Commerce Corp Profit Sharing Plan $58M · 944
- Gerber/Taylor Capital Advisors Profit Sharing Plan $50M · 43
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.
- Shands Health Care Matched Savings Account 401(a) (FL) $487M · 10,470
- SEIU 775 Secure Retirement Plan (WA) $498M · 72,804
- Sheet Metal Workers Annuity Fund Local Union No. 19 (PA) $474M · 2,850
- Plumbers' & Pipefitters' Local 562 Supplemental Pension Plan & Trust (MO) $459M · 4,032
Frequently Asked Questions
How did Ballad Health 401(a) Plan assets move in 2024? ▼
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