Plan Ledger DOL Form 5500 · updated monthly

Elutia Inc.401(k)

AZIYO BIOLOGICS, INC. 401(K) PLAN · SILVER SPRING, MD · plan year 2023

Reported admin expense ratio · 2023
1.02%

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

Elutia Inc. reported $82,388 in plan administrative expenses for 2023: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,555 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 rose from 0.82% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (1,078th of 1,671), and 9,569th of 13,661 in manufacturing. In 2023, employees put in $4.48 for every $1.00 the employer contributed; active participation has shrunk from 158 to 54 since 2022.

Plan summary
Net assets, end of year$8,233,818
Participants with balances145
Active participants54
Employer contributions$299,962
Employee contributions$1,345,253
Employer contribution per active participant$5,555
Average account balance$56,785
Benefits paid to participants$2,647,162
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 106 accts · $139K emplr
2023$8.2M · 145 accts · $300K emplr
2022$8.0M · 205 accts · $350K emplr
Administrative expenses, itemized · 2023
Investment management$1,648
Total administrative$82,388
The Elutia Inc. 401(k) match · 2023
Employer contribution per active participant$5,555
Median for plans this size$1,308
2024$2,841 per active participant
2023$5,555 per active participant
2022$2,216 per active participant

Elutia Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
TROMBINO PENSION ADMINISTRATORS INC · Recordkeeping$8,150
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$5,225

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

Recordkeeper by year2
2024John Hancock
2023John Hancock, TROMBINO PENSION ADMINISTRATORS INC

This plan has changed recordkeepers within these filings. If you left Elutia Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$70,134 · 0.86%
2023$82,388 · 1.02%
2022$69,533 · 0.82%
Same employer
Similar plansManufacturing · Maryland
M & M Refrigeration, LLC MD$8.9M · 0.45%
Idt Biologika Corporation MD$8.5M · 0.49%
Corporate Press, Inc. MD$7.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474790334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.