Plan Ledger DOL Form 5500 · updated monthly

Biocare Medical, LLC401(k)

BIOCARE MEDICAL 401(K) PLAN AND TRUST · PACHECO, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Biocare Medical, LLC reported $13,465 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,730 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 0.00% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 3,726th-largest of 9,483 plans among California employers on file, and the 3,789th of 11,911 in health care & social assistance. In 2024, employees put in $3.59 for every $1.00 the employer contributed; active participation has grown from 143 to 195 since 2022.

Plan summary
Net assets, end of year$19,302,558
Participants with balances249
Active participants195
Employer contributions$532,429
Employee contributions$1,913,953
Employer contribution per active participant$2,730
Average account balance$77,520
Benefits paid to participants$1,727,879
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 249 accts · $532K emplr
2023$15.8M · 226 accts · $502K emplr
2022$11.8M · 201 accts · $472K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,465
Total administrative$13,465
The Biocare Medical, LLC 401(k) match · 2024
Employer contribution per active participant$2,730
Median for plans this size$2,416
2024$2,730 per active participant
2023$3,120 per active participant
2022$3,303 per active participant

Biocare Medical, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,465

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

Administrative cost history3
2024$13,465 · 0.08%
2023$5,157 · 0.04%
2022$421 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · California
Precision Toxicology, LLC CA$19.9M · 0.13%
Billiontoone, Inc. CA$19.6M · 0.08%
Hillsides CA$19.2M · 0.44%
Community Initiatives CA$19.2M · 0.04%
The Elizabeth Hospice CA$19.1M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943275870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.