Plan Ledger DOL Form 5500 · updated monthly

Biotronik Corporate Services US, Inc.401(k)

BIOTRONIK/MICRO SYSTEMS ENGINEERING 401(K) PLAN · LAKE OSWEGO, OR · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Biotronik Corporate Services US, Inc. reported $235,708 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $5,561 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 0.082%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 34th-largest of 1,021 plans among Oregon employers on file, and the 555th of 11,654 in professional & technical services. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$306,330,721
Participants with balances1,614
Active participants1,241
Employer contributions$6,901,107
Employee contributions$17,182,275
Employer contribution per active participant$5,561
Average account balance$189,796
Benefits paid to participants$26,942,125
Plan auditUnmodified (clean) audit opinion
AuditorPERKINS & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$306.3M · 1,614 accts · $6.9M emplr
2023$271.8M · 1,605 accts · $6.9M emplr
2022$232.3M · 1,686 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,952
Investment management$58,756
Total administrative$235,708
The Biotronik Corporate Services US, Inc. 401(k) match · 2024
Employer contribution per active participant$5,561
Median for plans this size$4,294
2024$5,561 per active participant
2023$5,550 per active participant
2022$5,070 per active participant

Biotronik Corporate Services US, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$58,756
MORGAN STANLEY · Investment advisory (plan)$52,000

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$235,708 · 0.08%
2023$219,499 · 0.09%
2022$200,550 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Oregon
Stoel Rives LLP OR$560.4M · 0.13%
Agfa Corporation NJ$307.9M · 0.02%
Dcs Corporation VA$307.5M · 0.06%
Fugro (USA) Holdings Inc TX$306.6M · 0.28%
Dickinson Wright PLLC MI$304.9M · 0.07%
Rummel, Klepper & Kahl MD$303.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832327967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.