Plan Ledger DOL Form 5500 · updated monthly

Bio-Techne Corporation401(k)

BIO-TECHNE CORPORATION AND AFFILIATES PROFIT SHARING AND SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Bio-Techne Corporation reported $326,198 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $2,896 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 0.08% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 104th-largest of 1,918 plans among Minnesota employers on file, and the 709th of 13,661 in manufacturing. In 2024, employees put in $3.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$377,675,057
Participants with balances2,567
Active participants2,193
Employer contributions$6,351,310
Employee contributions$21,740,477
Employer contribution per active participant$2,896
Average account balance$147,127
Benefits paid to participants$37,618,610
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$377.7M · 2,567 accts · $6.4M emplr
2023$354.1M · 2,607 accts · $6.1M emplr
2022$329.7M · 2,473 accts · $5.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$301,198
Investment management$25,000
Total administrative$326,198
The Bio-Techne Corporation 401(k) match · 2024
Employer contribution per active participant$2,896
Median for plans this size$4,294
2024$2,896 per active participant
2023$2,723 per active participant
2022$2,533 per active participant

Bio-Techne Corporation's 2024 employer contribution ran below the $4,294 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 · 20243
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$301,198
ONEAMERICA INV ADVISORY SERVICES LL · Investment advisory (plan)$25,000
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$326,198 · 0.09%
2023$306,932 · 0.09%
2022$214,957 · 0.08%
All plans at this employer2
BIO-TECHNE CORPORATION AND AFFILIATES PROFIT SHARING AND SAVINGS PLAN401(k)
BIO-TECHNE CORPORATION AND AFFILIATES STOCK BONUS PLANStock bonus plan
Similar plansManufacturing · Minnesota
Entrust Corporation MN$471.6M · 0.05%
Toppan Merrill LLC MN$460.8M · 0.04%
Ablenet, Inc. MN$454.6M
Winnebago Industries, Inc. MN$360.9M · 0.14%
Diasorin Inc. MN$317.5M · 0.08%
Polaris Inc. MN$313.0M
Starkey Hearing Technologies MN$301.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411427402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.