# Adimab, LLC 401(k) Plan
Source: https://planprovider.pro/companies/adimab-llc-401k-plan

> Adimab, LLC&#39;s 401(k) plan: 131 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Adimab, LLC

- **Sponsor EIN:** 800669559

- **Sponsor Address:** 7 LUCENT DR, LEBANON, NH, 037661439

- **Plan Type:** 401(k)

- **Total Participants:** 131

- **Total Assets:** $36.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|131|$36.3M|$1.4M|$2.3M|

| 2023|133|$29.3M|$1.3M|$2.0M|

| 2022|128|$22.1M|$1.1M|$1.8M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$96,971|—|$96,971|

| COMMONWEALTH FINANCIAL NETWORK|INVESTMENT ADVISORY|—|$54,767|$54,767|

| GALLAGHER FLYNN AND COMPANY LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [COMMONWEALTH FINANCIAL NETWORK](https://planprovider.pro/provider/commonwealth-financial-network) — INVESTMENT ADVISORY

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $151,738

- **Estimated Expense Ratio:** 0.418% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$96,972|—|$96,972|—|—|

| 2023|$83,928|—|$83,928|—|—|

| 2022|$79,765|—|$79,765|—|—|

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