Plan Ledger DOL Form 5500 · updated monthly

Biohorizons Implant Systems, Inc.401(k)

BIOHORIZONS IMPLANT SYSTEMS, INC. 401(K) RETIREMENT PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Biohorizons Implant Systems, Inc. reported $213,380 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,899 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 0.21% to 0.32%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 98th-largest of 902 plans among Alabama employers on file, and the 2,366th of 13,661 in manufacturing. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$73,885,612
Participants with balances690
Active participants575
Employer contributions$2,817,093
Employee contributions$4,940,206
Employer contribution per active participant$4,899
Average account balance$107,081
Benefits paid to participants$4,732,705
Plan auditUnmodified (clean) audit opinion
AuditorKASSOUF & CO
Plan history3
Yearassets · accounts · employer contribution
2024$73.9M · 690 accts · $2.8M emplr
2023$61.1M · 675 accts · $2.7M emplr
2022$48.5M · 625 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,425
Investment management$146,955
Total administrative$213,380
The Biohorizons Implant Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$4,899
Median for plans this size$3,635
2024$4,899 per active participant
2023$4,516 per active participant
2022$3,892 per active participant

Biohorizons Implant Systems, Inc.'s 2024 employer contribution ran above the $3,635 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
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$127,902
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$66,425
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,053

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$213,380 · 0.32%
2023$172,077 · 0.31%
2022$98,257 · 0.21%
Same employer
Similar plansManufacturing · Alabama
Tractor & Equipment Company AL$83.9M · 0.25%
Cnhi, LLC AL$65.7M · 0.29%
Amerex Corporation AL$61.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631163766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.