Agilon Health Management Inc. 401(k) Review & Grade
Agilon Health Inc. 401(k) Profit Sharing Plan
Westerville, OHHealth Care & Social Assistance583 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,254Employer $ per active participant
$8,989Employee $ saved per active participant
0.51%Direct admin cost, % of plan assets
$37.4MNet plan assets, end of year
$58,876Average balance per account
Score breakdown
- Employer generosity44.4 / 5089th percentile for employer $ per participant
- Low cost5.6 / 2522th percentile for low admin cost vs. same-size plans
- Employee saving14.5 / 1596th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 22th |
| Employee saving | 96th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($16,202 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Agilon Health Management put in about $4,254 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.51% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,480,073 |
| Participant (employee) contributions | $5,240,354 |
| Other contributions (incl. rollovers in) | $1,488,705 |
| Administrative expenses paid from the plan | $179,639 |
| Investment advisory & management fees | $152,755 |
| Benefits paid out | $8,837,598 |
| Net assets, start / end of year | $32.9M / $37.4M |
| Active participants, start / end of year | 632 / 534 |
| Participants with account balances | 636 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Mercer Investments, LLC | $138,879 reported compensation |
| Empower Annuity Insurance Company O | $26,884 reported compensation |
| Empower Advisory Group, LLC | $13,876 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251012135644NAL0000126499001, received 2025-10-12, EIN 81-2677797, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.