Ardent Health Partners, Inc. 401(k) Review & Grade
Ardent Health Services Retirement Savings Plan
Brentwood, TNHealth Care & Social Assistance22,002 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,002Employer $ per active participant
$4,784Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$1.6BNet plan assets, end of year
$76,743Average balance per account
Score breakdown
- Employer generosity24.6 / 5049th percentile for employer $ per participant
- Low cost10.7 / 2543th percentile for low admin cost vs. same-size plans
- Employee saving7.8 / 1552th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score33 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 10,000+ active participants (115 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 49th |
| Lower admin cost | 43th |
| Employee saving | 52th |
| Peers that auto-enroll | 52% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $4,404 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Ardent Health Partners put in about $2,002 per active participant, below the typical peer ($2,086). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $44,048,468 |
| Participant (employee) contributions | $105,257,397 |
| Other contributions (incl. rollovers in) | $16,255,971 |
| Administrative expenses paid from the plan | $1,544,090 |
| Contract administrator fees | $7,800 |
| Investment advisory & management fees | $678,883 |
| Other admin expenses | $100,000 |
| Benefits paid out | $149,891,899 |
| Net assets, start / end of year | $1.4B / $1.6B |
| Active participants, start / end of year | 20,951 / 23,054 |
| Participants with account balances | 20,675 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Lbmc, PC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $768,158 reported compensation |
| Strategic Advisors, Inc. | $678,883 reported compensation |
| Sageview Advisory Group, LLC | $100,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010161922NAL0008008865001, received 2025-10-10, EIN 62-1743438, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.