Plan Ledger DOL Form 5500 · updated monthly

Biolase, Inc.401(k)

BIOLASE, INC. 401(K) PLAN · FOOTHILL RANCH, CA · plan year 2023

Reported admin expense ratio · 2023
0.84%

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

Biolase, Inc. reported $79,851 in plan administrative expenses for 2023: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $656 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 1 year on file its reported administrative ratio rose from 0.77% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,425th of 9,483), and 8,740th of 13,661 in manufacturing. In 2023, employees put in $12.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,090,961
Participants with balances231
Active participants143
Employer contributions$93,858
Employee contributions$1,146,670
Employer contribution per active participant$656
Average account balance$43,684
Benefits paid to participants$1,536,602
Plan auditUnmodified (clean) audit opinion
AuditorWINDES
Plan history2
Yearassets · accounts · employer contribution
2023$10.1M · 231 accts · $94K emplr
2022$8.9M · 231 accts · $88K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,399
Investment management$62,452
Total administrative$79,851
The Biolase, Inc. 401(k) match · 2023
Employer contribution per active participant$656
Median for plans this size$1,308
2023$656 per active participant
2022$498 per active participant

Biolase, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$27,901
EMPOWER ADVISORY GROUP, LLC · Investment management$6,646

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

Administrative cost history2
2023$79,851 · 0.84%
2022$71,704 · 0.77%
Similar plansManufacturing · California
Conesys, Inc. CA$10.2M · 0.43%
Vm Services, Inc. CA$10.2M · 0.67%
Del Real Foods, LLC CA$10.1M · 0.14%
Barco Uniforms, Inc. CA$10.1M · 0.23%
Pro-Dex Inc. CA$10.0M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870442441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.