Southern Health Partners, Inc. 401(K) Plan — Form 5500 plan (Southern Health Partners)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Southern Health Partners, Inc. 401(K) Plan is a benefit plan reported by Southern Health Partners under EIN 63-1130536 and plan number 001. The latest loaded filing year is 2023. The filing reports 810 participants and $6,797,068 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6.8MPlan net assets, end of year$6,797,068
Participants810Covered participants reported
Assets / participant$8.4KComputed: assets ÷ participants$8,391 (computed)
Provider compensation$38.6K2 Schedule C provider row(s)$38,637
- Plan sponsor
- Southern Health Partners
- EIN
- 63-1130536
- Plan number
- 001
- Plan type
- 2
- Location
- Chattanooga, TN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 810 | H, C | 20250414143307NAL0000794915001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$6.8M total assets
Net assets$6.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,797,068
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,797,068
- Net assets (BOY)
- $5,494,688
Income & contributions
- Participant contributions
- $1,364,632
- Total contributions
- $1,364,632
- Total income / additions
- $2,132,147
Expenses & distributions
- Benefits paid
- $752,921
- Administrative expenses
- $76,846
- Total expenses
- $829,767
- Net increase / (decrease)
- $1,302,380
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Raymond James Insurance Group Inc | SERVICE PROVIDER | $32,813 | not reported in the loaded dataset | 2023 |
| Erisa Services, Inc | TPA | $5,824 | $0 | 2023 |