Bioivt, LLC401(k)
BIOIVT, LLC RETIREMENT PLAN · WESTBURY, NY · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Bioivt, LLC reported $67,435 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $3,097 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 0.07% to 0.14%. 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 1,324th-largest of 5,648 plans among New York employers on file, and the 2,676th of 11,654 in professional & technical services. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 361 to 520 since 2022.
Bioivt, 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 271867431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.