Plan Ledger DOL Form 5500 · updated monthly

Adagio Health, Inc.401(k)

ADAGIO HEALTH, INC. 403(B) PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
1.79%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Adagio Health, Inc. reported $65,649 in plan administrative expenses for 2024: 1.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $856 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.81% to 1.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (2,998th of 3,651), and 8,484th of 11,911 in health care & social assistance. In 2024, employees put in $3.24 for every $1.00 the employer contributed; active participation has shrunk from 273 to 173 since 2022.

Plan summary
Net assets, end of year$4,099,509
Participants with balances199
Active participants173
Employer contributions$148,029
Employee contributions$479,709
Employer contribution per active participant$856
Average account balance$20,601
Benefits paid to participants$394,734
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 199 accts · $148K emplr
2023$3.3M · 173 accts · $135K emplr
2022$3.3M · 160 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,822
Investment management$32,827
Total administrative$65,649
The Adagio Health, Inc. 401(k) match · 2024
Employer contribution per active participant$856
Median for plans this size$1,313
2024$856 per active participant
2023$565 per active participant
2022$489 per active participant

Adagio Health, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
DUNBAR BENDER & ZAPF INC · Contract administrator$36,327
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$13,551

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$65,649 · 1.79%
2023$23,598 · 0.72%
2022$23,976 · 0.81%
All plans at this employer2
ADAGIO HEALTH, INC. RETIREMENT PLANProfit-sharing plan
ADAGIO HEALTH, INC. 403(B) PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Smilebuilderz, LLC PA$4.2M · 1.15%
Little Flower Manor, Inc. PA$4.2M · 0.22%
Fairmount Long Term Care PA$4.1M · 0.67%
Community Health Net PA$4.0M · 0.88%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 237104168 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.