Adherehealth, LLC401(k)
ADHEREHEALTH, LLC 401(K) PLAN · FRANKLIN, TN · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Adherehealth, LLC reported $4,792 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4 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 rose from 0.06% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,190th of 1,496), and 8,832nd of 11,911 in health care & social assistance. In 2023, employees put in $576.24 for every $1.00 the employer contributed; active participation has grown from 138 to 269 since 2020.
Adherehealth, LLC's 2023 employer contribution ran below the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 205225915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.