Plan Ledger DOL Form 5500 · updated monthly

Agc Biologics, Inc.401(k)

AGC BIOLOGICS, INC. 401(K) PLAN · BOTHELL, WA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Agc Biologics, Inc. reported $9,600 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,280 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 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 218th-largest of 1,714 plans among Washington employers on file, and the 2,219th of 13,661 in manufacturing. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has shrunk from 971 to 772 since 2022.

Plan summary
Net assets, end of year$81,523,984
Participants with balances1,401
Active participants772
Employer contributions$4,076,303
Employee contributions$9,710,295
Employer contribution per active participant$5,280
Average account balance$58,190
Benefits paid to participants$11,779,790
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$81.5M · 1,401 accts · $4.1M emplr
2023$66.1M · 1,293 accts · $4.6M emplr
2022$46.3M · 1,238 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,600
Total administrative$9,600
The Agc Biologics, Inc. 401(k) match · 2024
Employer contribution per active participant$5,280
Median for plans this size$3,635
2024$5,280 per active participant
2023$4,857 per active participant
2022$2,806 per active participant

Agc Biologics, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,600

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

Administrative cost history3
2024$9,600 · 0.01%
2023$11,275 · 0.02%
2022$10,523 · 0.02%
Same employer
Similar plansManufacturing · Washington
Northwest Hardwoods, Inc. WA$92.2M · 0.22%
Tree Top, Inc. WA$82.5M · 0.11%
Janicki Industries, Inc. WA$82.2M · 0.23%
Michelsen Packaging Company WA$72.4M · 0.18%
Impinj, Inc. WA$71.1M · 0.20%
Nlight, Inc. WA$69.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261276219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.