Plan Ledger DOL Form 5500 · updated monthly

Biosplice Services Corporation401(k)

BIOSPLICE SERVICES CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · SAN DIEGO, CA · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Biosplice Services Corporation reported $39,479 in plan administrative expenses for 2023: 0.46% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.42% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,857th of 9,483), and 8,463rd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$8,602,986
Participants with balances140
Active participants55
Employer contributions$0
Employee contributions$719,449
Employer contribution per active participant$0
Average account balance$61,450
Benefits paid to participants$2,211,327
Plan auditUnmodified (clean) audit opinion
AuditorMELETIS & MUNSCH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 79 accts
2023$8.6M · 140 accts
2022$8.6M · 134 accts · $250K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,098
Investment management$16,521
Trustee / custodial$860
Total administrative$39,479
The Biosplice Services Corporation 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Biosplice Services Corporation's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. 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 · 20232
PAYCHEX, INC. · Investment advisory (participants) · Recordkeeping$19,756
MMA SECURITIES, LLC · Investment advisory (participants) · Recordkeeping$14,630

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

Recordkeeper by year2
2024Paychex
2023MMA SECURITIES, LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Biosplice Services Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$39,386 · 0.46%
2023$39,479 · 0.46%
2022$43,973 · 0.42%
Similar plansProfessional & Technical Services · California
Whalar Inc CA$8.7M · 0.15%
Veryon CA$8.6M · 0.23%
Hello Heart Inc. CA$8.6M · 0.49%
Ignition Creative, LLC CA$8.6M · 0.29%
Rapattoni Corporation CA$8.5M · 1.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833947152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.