Plan Ledger DOL Form 5500 · updated monthly

Phenomebio Inc.401(k)

BERKELEY LIGHTS. INC. 401(K) PLAN · EMERYVILLE, CA · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Phenomebio Inc. reported $20,872 in plan administrative expenses for 2022: 0.12% of average plan assets, below the peer median. Employer contributions averaged $6,600 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 1 year on file its reported administrative ratio rose from 0.12% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,944th-largest of 9,483 plans among California employers on file, and 5,968th of 11,654 in professional & technical services. In 2022, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,775,405
Participants with balances345
Active participants247
Employer contributions$1,630,147
Employee contributions$3,512,921
Employer contribution per active participant$6,600
Average account balance$51,523
Benefits paid to participants$1,969,006
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$16.9M · 687 accts · $964K emplr
2022$17.8M · 345 accts · $1.6M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,310
Investment management$12,562
Total administrative$20,872
The Phenomebio Inc. 401(k) match · 2022
Employer contribution per active participant$6,600
Median for plans this size$2,266
2023$3,517 per active participant
2022$6,600 per active participant

Phenomebio Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$57,144 · 0.33%
2022$20,872 · 0.12%
Same employer
Similar plansProfessional & Technical Services · California
Cokeva Inc CA$17.8M · 0.45%
Silvaco, Inc. CA$17.8M · 0.30%
Kong, Inc. CA$17.8M · 0.27%
Rock Paper Scissors, LLC CA$17.8M · 0.41%
Vca Consultants, Inc. CA$17.6M · 0.36%
Ecology Action CA$17.6M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352415390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.