Plan Ledger DOL Form 5500 · updated monthly

Adma Biologics, Inc.401(k)

ADMA BIOLOGICS, INC. 401(K) PLAN · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Adma Biologics, Inc. reported $142,802 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,282 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 2 years on file its reported administrative ratio fell from 0.66% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 761st-largest of 3,644 plans among Florida employers on file, and the 4,228th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,568,353
Participants with balances451
Active participants653
Employer contributions$1,490,170
Employee contributions$2,797,417
Employer contribution per active participant$2,282
Average account balance$72,214
Benefits paid to participants$3,781,425
Plan auditUnmodified (clean) audit opinion
AuditorSOCORRO PARTNERS CPAS & ADVISORSLLC
Plan history3
Yearassets · accounts · employer contribution
2024$32.6M · 451 accts · $1.5M emplr
2023$27.1M · 424 accts · $1.3M emplr
2022$20.7M · 412 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$142,802
Total administrative$142,802
The Adma Biologics, Inc. 401(k) match · 2024
Employer contribution per active participant$2,282
Median for plans this size$2,416
2024$2,282 per active participant
2023$2,196 per active participant
2022$2,202 per active participant

Adma Biologics, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$142,802
CADARET, GRANT & CO., INC. · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$142,802 · 0.48%
2023$133,944 · 0.56%
2022$137,891 · 0.66%
Similar plansManufacturing · Florida
Brown Jordan Inc. FL$39.1M · 0.25%
Polyglass USA, Inc. FL$38.3M · 0.32%
Aero Simulation, Inc. FL$34.4M · 0.06%
Bolton Medical Inc. FL$34.2M · 0.38%
Prolifics, Inc. FL$32.0M · 0.14%
Sunniland Corporation FL$31.9M · 0.13%
Stenner Pump Company, Inc. FL$31.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562590442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.