Tennessee › Other services › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Corecivic 401(k) Plan
Sponsored by Corecivic of Tennessee, LLC, Brentwood, TN
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Corecivic of Tennessee, LLC of Brentwood, Tennessee sponsors Corecivic 401(k) Plan, a 401(k) plan. Its Form 5500 for the plan year ending 31 Dec 2025 shows 14,843 participants (11,231 active) and $508M in net assets. It is a multiple-employer plan covering the employees of more than one employer.
Net assets came to $33,012 per participant in plan year 2024, well below the $64,499 median for defined contribution plans with 5,000 to 24,999 participants and below the $40,686 median for defined contribution plans in other services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $22.0M during the year, or $1,957 per active participant against a same-size median of $2,424; participants contributed $22.1M and $3.2M arrived as rollovers and other contributions. Benefits paid out totalled $53.6M.
Schedule C lists 5 service provider organisations paid $5,000 or more, with reported compensation of $754K: $50.77 per participant, close to the same-size median of $53.38. Administrative expenses charged to the plan were $901K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $175M in 2009 to $508M in 2025 (up 191%), and participants from 18,362 to 14,843 (down 19%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $33,012 | $64,499 | $40,686 | $53,102 |
| Employer contributions per active participant | $1,738 | $2,424 | $2,024 | $2,175 |
| Schedule C compensation per participant | $52.05 | $53.38 | $113 | $123 |
| Schedule C compensation, share of net assets | 0.16% | 0.09% | 0.30% | 0.26% |
| Administrative expenses per participant | $61.69 | $54.85 | $99.73 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 5,000 to 24,999 participants (2,605 plans), other services (2,675) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 14,843 | $508M | $34,207 | $22.0M | $22.1M | $754K |
| 2024 | 13,740 | $454M | $33,012 | $19.1M | $20.7M | $715K |
| 2023 | 13,328 | $402M | $30,182 | $18.7M | $20.8M | $727K |
| 2022 | 14,728 | $340M | $23,107 | $19.2M | $22.2M | $765K |
| 2021 | 17,522 | $415M | $23,708 | $19.0M | $22.2M | $684K |
| 2020 | 15,666 | $359M | $22,930 | $19.1M | $21.3M | $681K |
| 2019 | 15,836 | $376M | $23,728 | $18.6M | $19.8M | $738K |
| 2018 | 18,500 | $307M | $16,613 | $17.5M | $18.5M | $608K |
| 2017 | 19,960 | $328M | $16,431 | $15.8M | $16.4M | $622K |
| 2016 | 17,823 | $295M | $16,543 | $15.5M | $15.9M | $625K |
| 2015 | 17,206 | $283M | $16,430 | $15.3M | $15.6M | $938K |
| 2014 | 14,524 | $297M | $20,452 | $13.8M | $15.1M | $896K |
| 2013 | 18,193 | $283M | $15,552 | $14.3M | $15.9M | $127K |
| 2012 | 18,150 | $240M | $13,207 | $13.4M | $14.9M | $158K |
| 2011 | 18,185 | $186M | $10,201 | $9.1M | $12.5M | $153K |
| 2010 | 18,691 | $189M | $10,093 | $8.3M | $12.1M | $141K |
| 2009 | 18,362 | $175M | $9,516 | $8.6M | $12.2M | $204K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$453,581,932
- Employer contributions$21,982,557
- Participant contributions$22,148,144
- Rollovers and other contributions$3,234,584
- Total contributions$47,365,285
- Total income, including investment results$108,644,016
- Benefits paid$53,590,409
- Administrative expenses$900,520
- Total expenses$54,490,929
- Net income$54,153,087
- Net transfers$0
- Net assets, end of year$507,735,019
Participants
- Active participants11,231
- Retired or separated, receiving benefits244
- Retired or separated, entitled to future benefits3,368
- Participants with account balances11,980
- Total participants, end of year14,843
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Empower Annuity Ins Co. of America | Recordkeeping fees | $541,787 | $0 |
| OneDigital Investment Advisors LLC | Investment advisory (plan); Contract Administrator | $97,890 | $0 |
| Resources Investment Advisors, LLC | Investment management | $66,033 | $0 |
| Holland & Knight LLS | Legal | $30,262 | $0 |
| Baker Tilly US LLP | Accounting (including auditing) | $17,650 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Recordkeeping fees$669,085
- Investment advisory and management fees$163,923
- IQPA audit fees$35,300
- Legal fees$30,262
- Other administrative expenses$1,950
- Total administrative expenses$900,520
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$425M · 83.7%
- Pooled separate accounts$29.8M · 5.9%
- Employer securities$19.8M · 3.9%
- Participant loans$17.8M · 3.5%
- Common/collective trusts$14.4M · 2.8%
- Receivables$669K · 0.1%
- Cash (interest and non-interest bearing)$234K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmBaker Tilly US, LLP
- Participant contributions reported as transmitted lateYes, $5,586
- Covered by a fidelity bondYes, $10,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2TTotal or partial participant-directed account plan with a default investment account3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 812990: All Other Personal Services.
Similar plans in Tennessee
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Youth Villages Retirement Plan | Youth Villages, Inc. | 3,576 | $146M | $40,932 |
| American Lebanese Syrian Associated Charities, Inc. (Alsac) Employee | American Lebanese Syrian Associated Charities, Inc. (Alsac) | 2,348 | $302M | $128,522 |
| Edfinancial Services, LLC 401(k) Plan | Edfinancial Services, LLC | 1,656 | $29.4M | $17,764 |
| Ahsc Holdings LLC 401(k) Profit Sharing Plan & Trust | Ahsc Holdings LLC | 1,548 | $215K | $139 |
| Metropolis Employee Services, LLC 401(k) Plan | Metropolis Employee Services, LLC LLC | 1,462 | $16.7M | $11,393 |
| Ducks Unlimited, Inc. 401(k) Plan | Ducks Unlimited, Inc. | 1,072 | $218M | $203,427 |
Defined contribution plans in other services closest in size.
Questions and answers
How big is Corecivic 401(k) Plan?
14,843 participants at the end of the plan year ending 31 Dec 2025, of whom 11,231 were active employees, with net assets of $507,735,019. Among defined contribution plans that places it in the 5,000 to 24,999 participants band, which held 2,605 plans in plan year 2024.
What does Corecivic of Tennessee, LLC contribute per participant?
The filing reports $21,982,557 in employer contributions for the year, which is $1,957 per active participant; the median for plans of the same type and size was $2,424 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $753,622 in compensation to service provider organisations, $50.77 per participant or 0.15% of net assets. The same-size median among plans reporting any Schedule C compensation was $53.38 per participant. Administrative expenses on Schedule H were $900,520. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Corecivic of Tennessee, LLC. Recordkeeping or administration: Empower Annuity Ins Co. of America and OneDigital Investment Advisors LLC. Investment advisory or management: OneDigital Investment Advisors LLC and Resources Investment Advisors, LLC. The financial statements were audited by Baker Tilly US, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 15 Jul 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 62-1806755, plan 001, received 15 Jul 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.