Plan Ledger DOL Form 5500 · updated monthly

Bavarian Nordic, Inc.401(k)

BAVARIAN NORDIC, INC. 401(K) PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Bavarian Nordic, Inc. reported $24,750 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $7,713 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 892nd-largest of 2,005 plans among North Carolina employers on file, and 6,612th of 11,654 in professional & technical services. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,806,369
Participants with balances194
Active participants115
Employer contributions$886,975
Employee contributions$1,940,687
Employer contribution per active participant$7,713
Average account balance$76,321
Benefits paid to participants$1,185,288
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,283
Investment management$3,467
Total administrative$24,750
The Bavarian Nordic, Inc. 401(k) match · 2024
Employer contribution per active participant$7,713
Median for plans this size$2,416

Bavarian Nordic, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$3,467

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$24,750 · 0.19%
Similar plansProfessional & Technical Services · North Carolina
Wray Ward, LLC NC$15.1M · 0.17%
Strawbridge Studios, Inc. NC$15.0M · 0.78%
Stewart Engineering Inc. NC$14.8M · 0.32%
Gk Software USA, Inc. NC$14.8M · 0.03%
G1 Therapeutics, Inc NC$14.0M · 0.04%
Nu North America, Inc. NC$13.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202561827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.