Plan Ledger DOL Form 5500 · updated monthly

Adena Health System403(b)

ADENA HEALTH SYSTEM TAX DEFERRED ANNUITY/MATCHED SAVINGS PLAN · CHILLICOTHE, OH · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Adena Health System reported $326,139 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $1,904 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 3 years on file its reported administrative ratio has held roughly steady near 0.144%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 189th-largest of 3,295 plans among Ohio employers on file, and the 566th of 11,911 in health care & social assistance. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 5,394 to 4,838 since 2022.

Plan summary
Net assets, end of year$240,466,786
Participants with balances6,410
Active participants4,838
Employer contributions$9,209,238
Employee contributions$16,792,290
Employer contribution per active participant$1,904
Average account balance$37,514
Benefits paid to participants$25,130,392
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$240.5M · 6,410 accts · $9.2M emplr
2023$211.1M · 5,947 accts · $11.3M emplr
2022$173.2M · 6,347 accts · $11.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$326,139
Total administrative$326,139
Employer contributions to the Adena Health System plan · 2024
Employer contribution per active participant$1,904
Median for plans this size$3,635
2024$1,904 per active participant
2023$2,039 per active participant
2022$2,062 per active participant

Adena Health System's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 · 20242
VALIC RETIREMENT SERVICES CO. · Custodial (securities) · Investment advisory (participants)$312,289
VARIABLE ANNUITY LIFE INS CO. · Custodial (securities) · Investment advisory (participants)$13,850

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$326,139 · 0.14%
2023$285,537 · 0.15%
2022$256,774 · 0.14%
All plans at this employer2
THE ADENA HEALTH SYSTEM DEFINED CONTRIBUTION PLANProfit-sharing plan
ADENA HEALTH SYSTEM TAX DEFERRED ANNUITY/MATCHED SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Toledo Clinic, Inc. OH$261.0M · 0.17%
Seven Hills Anesthesia LLC OH$204.2M · 0.15%
Fairfield Medical Center OH$203.4M · 0.32%
Orthoalliance Mso, LLC OH$183.8M · 0.14%
Holzer Health System OH$183.3M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 314379443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.