Retirement plan

TENNESSEE VALLEY LIFE CENTER, INC. 401(K) PLAN

Name: TENNESSEE VALLEY LIFE CENTER, INC. - TENNESSEE VALLEY LIFE CENTER, INC. 401(K) PLAN (2024) Form 5500
Creator: TENNESSEE VALLEY LIFE CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TENNESSEE VALLEY LIFE CENTER, INC. 401(K) PLAN, TENNESSEE VALLEY LIFE CENTER, INC.

TENNESSEE VALLEY LIFE CENTER, INC.EIN 63-1207393Plan #003PY 2024

219 LONGWOOD DR SW - HUNTSVILLE, AL 358015243256-658-5555LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$3.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2M

+14.6% from 2023

Total participants

0.0% from 2023

Average account balance

$202,253

+14.6% from 2023

Annual return

9.46%

-1.36 pp from 2023

Benchmarks

See 109,631 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,631 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.02M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$202K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$91K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.46%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$202,253

$183,592+10.2%

$155,567+30.0%

$145,959+38.6%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

9.46%

61.24%-51.8pp

64.74%-55.3pp

561.95%-552.5pp

Employer contribution / active EE

$2,112

$5,315-60.3%

$4,674-54.8%

$4,661-54.7%

Participant deferral / active EE

$13,118

$6,464+102.9%

$5,628+133.1%

$6,689+96.1%

Admin fee / account holder

$19,318-100.0%

$15,916-100.0%

$13,398-100.0%

TENNESSEE VALLEY LIFE CENTER, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TENNESSEE VALLEY LIFE CENTER, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion