Plan Ledger DOL Form 5500 · updated monthly

Biorasi, LLC401(k)

BIORASI LLC 401(K) PROFIT SHARING PLAN & TRUST · AVENTURA, FL · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

Biorasi, LLC reported $35,754 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,888 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (2,670th of 3,644), and 4,515th of 4,798 in finance & insurance. In 2022, employees put in $3.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,066,180
Participants with balances130
Active participants120
Employer contributions$226,615
Employee contributions$706,438
Employer contribution per active participant$1,888
Average account balance$31,278
Benefits paid to participants$494,001
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITHBROWN PC
The Biorasi, LLC 401(k) match · 2022
Employer contribution per active participant$1,888
Median for plans this size$1,114

Biorasi, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$35,754 · 0.90%
Similar plansFinance & Insurance · Florida
Xponent HR Solutions LLC FL$4.5M · 0.90%
Nicholas Financial Inc FL$4.4M · 0.59%
Whetstone Holdings FL$4.2M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450493852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.