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Original filing (PDF)20251015154339NAL0002572803001
SUMMIT MEDICAL GROUP, PLLC
Form 5500
FILING_RECEIVED
SUMMIT MEDICAL GROUP, PLLC 401(K) PROFIT SHARING PLAN
401(k) retirement plan
Signals · 3
15% employer stockNo recordkeeper disclosed13 service providers
Active participants
1,829
Accounts w/ balance
2,183
Plan assets (EOY)
$348.1M
Net assets (EOY)
$348.1M
How this plan invests
This plan
1 pooled trust
Schedule D
37 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
87
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
88
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 15% of plan in employer / sponsor stock.
- 17 bps in Schedule C fees — 67% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SUMMIT MEDICAL GROUP, PLLC.
Plan sponsor
Name
SUMMIT MEDICAL GROUP, PLLC
EIN
62-1585063
Address
1275 DICK LONAS RD, SUITE 201 · KNOXVILLE, TN · 37909
Phone
(865) 584-4747
Industry
Offices of Physicians· Health Care & Social Assistancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2R · Participant-directed brokerage (SDBA)
2T · Default investment account (QDIA)
3B · Covers self-employed individuals
Audit & trust (Schedule H)
Auditor
COULTER & JUSTUS, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
13 rowsOther
13| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES, IN | 34-1479833 | — | NONE | $190K | — |
| FIRST HORIZON ADVISORS | 62-1254528 | — | NONE | $130K | — |
| FTB ADVISORS, INC. | 62-1254528 | — | NONE | $48K | — |
| ACUFF & ASSOCIATES | 62-1477251 | — | NONE | $32K | — |
| ASSET PLANNING CORPORATION | 62-0941756 | — | NONE | $31K | — |
| USI ADVISORS, INC. | 06-1397347 | — | NONE | $30K | — |
| NBZ INVESTMENT ADVISORS, LLC | 62-1608809 | — | NONE | $26K | — |
| LEADING EDGE | 47-4221739 | — | NONE | $26K | — |
| PORTFOLIO AUDIT LLC PRIVATE WEALTH | 62-1874213 | — | NONE | $18K | — |
| MOON CAPITAL MANAGEMENT, LLC | 62-1605429 | — | NONE | $17K | — |
| CVFG, LLC | 92-1806423 | — | NONE | $12K | — |
| PATRIOT INVESTMENT MANAGEMENT | 62-1548494 | — | NONE | $12K | — |
| THE NALLS SHERBAKOFF GROUP | 46-2917385 | — | NONE | $7K | — |
Investments
36 direct securities · 1 pooled fund· $346.6M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
Uncategorized
$339.0M
36 holdings
Common Collective Trust
$7.6M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Participant-directed brokerage Various U.S. government securities, corporate bonds, money market funds, mutual funds, common stocks, and unit investment trusts | — | — | — | $51.6M | 14.8% | |
| Vanguard Institutional Index; 79,286 units | — | — | $79K | $38.0M | 10.9% | |
| Vanguard Target Retirement 2030; 679,177 units | — | — | $679K | $25.7M | 7.4% | |
| JP Morgan Large Cap Growth R6; 269,040 units | — | — | $269K | $22.5M | 6.5% | |
| Vanguard Target Retirement 2050; 366,793 units | — | — | $367K | $18.3M | 5.3% | |
| American Funds Cap Wld G&I R6; 269,812 units | — | — | $270K | $17.1M | 4.9% | |
| Vanguard Target Retirement 2040; 392,289 units | — | — | $392K | $17.0M | 4.9% | |
| Vanguard Equity Income Admiral; 150,619 units | — | — | $151K | $13.3M | 3.8% | |
| Dodge & Cox Income Fund; 1,009,951 units | — | — | $1.0M | $12.5M | 3.6% | |
| American Funds Balanced Fund R6; 350,726 units | — | — | $351K | $12.0M | 3.5% | |
| Vanguard Sm Cap Val Index Inst; 234,329 units | — | — | $234K | $11.2M | 3.2% | |
| Pimco Real Return Fund-Instl; 1,045,555 units | — | — | $1.0M | $10.4M | 3.0% | |
| Parnassus Core Equity Instl; 142,205 units | — | — | $142K | $8.5M | 2.4% | |
| Hartford Intl Oppty Y; 408,676 units | — | — | $409K | $7.9M | 2.3% | |
| Vanguard Target Retirement 2035; 324,788 units | — | — | $325K | $7.8M | 2.2% | |
| T.ROWE PRICE STABLE VALUE FUND T. ROWE PRICE · EIN 52-2264646 / PN 001 | Common Collective Trust | — | $7.6M | $7.6M | 2.2% | |
| Pimco Invest Grd Cred Bd Instl; 730,222 units | — | — | $730K | $6.5M | 1.9% | |
| Vanguard Target Retirement 2045; 201,010 units | — | — | $201K | $6.0M | 1.7% | |
| JHancock Disciplined Val MCP I; 191,628 units | — | — | $192K | $5.2M | 1.5% | |
| Carillon Eagle Mdcp Growth R6; 62,105 units | — | — | $62K | $4.8M | 1.4% | |
| JP Morgan Small Cap Eqty R5; 83,532 units | — | — | $84K | $4.6M | 1.3% | |
| Vanguard Mid Cap Value Idx Adm; 49,851 units | — | — | $50K | $4.2M | 1.2% | |
| Schwab Value Advan Money Ultra; 4,166,576 units | — | — | $4.2M | $4.2M | 1.2% | |
| DFA Intl Small Company; 205,618 units | — | — | $206K | $4.0M | 1.1% | |
| Vanguard Small Cap Index Admrl; 30,554 units | — | — | $31K | $3.5M | 1.0% | |
| Vanguard Target Retirement 2020; 128,428 units | — | — | $128K | $3.4M | 1.0% | |
| Lord Abbett Short Duration R6; 872,916 units | — | — | $873K | $3.4M | 1.0% | |
| Vanguard Target Retirement 2025; 157,451 units | — | — | $157K | $2.9M | 0.8% | |
| Vanguard Target Retirement 2055; 50,674 units | — | — | $51K | $2.8M | 0.8% | |
| Vanguard Target Retmt Income; 163,049 units | — | — | $163K | $2.1M | 0.6% | |
| maturing in 1 to 15 years (2025 - 2039) | — | — | — | $1.8M | 0.5% | |
| DFA Emerging Markets Core Eq; 74,965 units | — | — | $75K | $1.7M | 0.5% | |
| Vanguard Target Retirement 2060; 31,663 units | — | — | $32K | $1.6M | 0.5% | |
| Baron Small Cap Institutional; 32,183 units | — | — | $32K | $1.1M | 0.3% | |
| Fidelity Mid Cap Index; 26,119 units | — | — | $26K | $882K | 0.3% | |
| Vanguard Target Retirement 2065; 13,895 units | — | — | $14K | $467K | 0.1% | |
| Vanguard Target Retirement 2070; 3,751 units | — | — | $4K | $100K | <0.1% |