Plan Ledger DOL Form 5500 · updated monthly

Bigelow Laboratory for Ocean Sciences403(b)

BIGELOW LABORATORY FOR OCEAN SCIENCES RETIREMENT PLAN · EAST BOOTHBAY, ME · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Bigelow Laboratory for Ocean Sciences reported $69,124 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $5,000 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 0.19% to 0.24%. 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 103rd-largest of 354 plans among Maine employers on file, and the 4,076th of 11,654 in professional & technical services. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,861,877
Participants with balances237
Active participants102
Employer contributions$510,008
Employee contributions$789,748
Employer contribution per active participant$5,000
Average account balance$130,219
Benefits paid to participants$1,406,422
Plan auditUnmodified (clean) audit opinion
AuditorPURDY POWERS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$30.9M · 237 accts · $510K emplr
2023$27.0M · 241 accts · $470K emplr
2022$23.4M · 229 accts · $415K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,702
Audit (IQPA)$4,422
Total administrative$69,124
Employer contributions to the Bigelow Laboratory for Ocean Sciences plan · 2024
Employer contribution per active participant$5,000
Median for plans this size$2,416
2024$5,000 per active participant
2023$4,515 per active participant
2022$4,370 per active participant

Bigelow Laboratory for Ocean Sciences'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 · 20243
TIAA · Recordkeeping · Trustee$32,070
PURDY POWERS & COMPANY · Accounting / audit$16,300
BAKER TILLY US, LLP · Accounting / audit$14,107

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$69,124 · 0.24%
2023$54,921 · 0.22%
2022$48,441 · 0.19%
Same employer
Similar plansProfessional & Technical Services · Maine
Haley Ward ME$51.6M · 0.01%
Smrt, Inc. ME$31.6M · 0.01%
Eaton Peabody, PA ME$27.3M · 0.04%
Rlc Engineering, LLC ME$16.5M · 0.37%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 016006001 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.