Profit Sharing · DOL Form 5500 · 2024

Ballad Health Profit Sharing Plan

Data updated 2026-08-25

$486M
Total assets Above avg plan size
4,963
Participants Above avg headcount
97th
Percentile by assets National rank
$97,982
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#16,441
in Healthcare & Social Assistance (16,916 peers)
+1.7%
assets growth YoY
4.9×
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 2024 · DOL Form 5500

$486,286,208 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Ballad Health 401(a) Plan's large-plan peer group by participant headcount

Plan-year 2024 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 (4,963 participants).

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 611771290 · Ballad Health PY 2024 · Profit Sharing

Ballad Health 401(a) Plan · $486M · 4,963 · 97th

  • TYPE $486M
  • TYPE 4,963
  • TYPE 97th
  • TYPE Profit Sharing
  • TYPE near Shands Health Care Matched Savings Account 401(a)
  • TYPE ind #16441

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

SEIU 775 Secure Retirement PlanSEIU 775 Secure Retirement P…$498MShands Health Care Matched Savings Account 401(a)Shands Health Care Matched S…$487MBallad Health 401(a) Plan$486MSheet Metal Workers Annuity Fund Local Union No. 19Sheet Metal Workers Annuity …$474MPlumbers' & Pipefitters' Local 562 Supplemental Pension Plan & TrustPlumbers' & Pipefitters' Loc…$459M
End-of-year total assets ($M) among Ballad Health 401(a) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$478M
Net Assets (End of Year)$486M
Net Income$8M
Employer EIN611771290
Plan Effective Date2010-04-01
Filing StatusFILING 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
$1B$1.1B$1.2B$1.3B$1.4B 202220232024 $1.08B $1.34B ▲ +24.1%
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 Scatter plot of 6 data points. -20000200040006000 0100200300400500600 Total assets ($M) Participants Ballad Health 401(a) Plan, Total assets ($M): 486.286208 · Participants: 4963Ballad Health 401(a) PlanShreveport Electrical Industry Profit Sharing Plan, Total assets ($M): 95.199644 · Participants: 527Shreveport Electrical Industry Profit Sharing PlanNew Orleans Electrical Annuity Plan, Total assets ($M): 88.353304 · Participants: 1393New Orleans Electrical Annuity PlanUlps Employee Savings Plan, Total assets ($M): 78.101983 · Participants: 236Ulps Employee Savings PlanThompson Machinery Commerce Corp Profit Sharing Plan, Total assets ($M): 57.665281 · Participants: 944Thompson Machinery Commerce Corp Profit Sharing PlanGerber/Taylor Capital Advisors Profit Sharing Plan, Total assets ($M): 50.455553 · Participants: 43Gerber/Taylor Capital Advisors Profit Sharing Plan
Ballad Health 401(a) Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
Compare Ballad Health 401(a) Plan side-by-side with 3 peers →

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 Shands Health Care Matched Savings Account 401(a) in FL ($487M); by covered participants it is The Hospital for Special Surgery 403(b) Plan in NY (4,968 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,963 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ballad Health 401(a) Plan assets move in 2024? ▼
Ballad Health 401(a) Plan edged up modestly - up 1.7% during 2024, from $478M to $486M. Reported net income was $8M.
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(a) Plan rank by assets among Form 5500 filers? ▼
Ballad Health 401(a) Plan ranks in the 97th 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 Profit Sharing plans are similar in size to Ballad Health 401(a) Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Shands Health Care Matched Savings Account 401(a) in FL ($487M, 10,470 participants).
Which Profit Sharing plans cover a similar participant headcount to Ballad Health 401(a) Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is The Hospital for Special Surgery 403(b) Plan in NY (4,968 participants, $866M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 611771290.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.