Plan Ledger DOL Form 5500 · updated monthly

Access Bio Inc401(k)

ACCESS BIO 401(K) PLAN · MONROE TOWNSHIP, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Access Bio Inc reported $2,805 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,334 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,802nd of 2,419), and 10,603rd of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,147,725
Participants with balances145
Active participants101
Employer contributions$639,778
Employee contributions$1,095,344
Employer contribution per active participant$6,334
Average account balance$42,398
Benefits paid to participants$356,900
Plan auditUnmodified (clean) audit opinion
AuditorSEJONG LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,805
Total administrative$2,805
The Access Bio Inc 401(k) match · 2024
Employer contribution per active participant$6,334
Median for plans this size$1,313

Access Bio Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$2,805
ADP BROKER-DEALER · Other servicesindirect comp
M HOLDINGS SECURITIES · Other servicesindirect comp

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

Administrative cost history1
2024$2,805 · 0.05%
Similar plansManufacturing · New Jersey
Appliance Replacement Inc NJ$6.3M · 0.24%
Englewood Lab Inc. NJ$6.3M · 0.29%
Northeast Precast, LLC NJ$6.1M · 0.70%
Bridor USA Inc. NJ$5.9M · 0.08%
All American Poly NJ$5.9M · 0.56%
Cambridge Pavers Inc. NJ$5.8M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460505083 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.