Plan Ledger DOL Form 5500 · updated monthly

Bioqual, Inc.401(k)

BIOQUAL, INC. 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Bioqual, Inc. reported $4,794 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,075 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 3 years on file its reported administrative ratio has held roughly steady near 0.03%. 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 657th-largest of 1,671 plans among Maryland employers on file, and the 5,641st of 11,654 in professional & technical services. In 2024, employees put in $3.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,533,115
Participants with balances288
Active participants235
Employer contributions$487,508
Employee contributions$1,610,962
Employer contribution per active participant$2,075
Average account balance$67,823
Benefits paid to participants$2,485,924
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 288 accts · $488K emplr
2023$17.4M · 293 accts · $498K emplr
2022$14.4M · 272 accts · $401K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,794
Total administrative$4,794
The Bioqual, Inc. 401(k) match · 2024
Employer contribution per active participant$2,075
Median for plans this size$2,416
2024$2,075 per active participant
2023$2,100 per active participant
2022$1,805 per active participant

Bioqual, Inc.'s 2024 employer contribution ran below 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$4,794

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$4,794 · 0.03%
2023$4,219 · 0.03%
2022$3,756 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Maryland
Ops Consulting, LLC MD$20.3M · 0.45%
George, Miles & Buhr LLC MD$19.8M · 0.29%
Rbr-Technologies, Inc. MD$19.6M · 0.50%
Ata Aerospace, LLC. MD$19.4M · 0.06%
Maxcyte, Inc. MD$19.2M · 0.22%
Reli Group, Inc. MD$19.2M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133078199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.