Plan Ledger DOL Form 5500 · updated monthly

Bioworld Merchandising, Inc.401(k)

BIOWORLD MERCHANDISING, INC. 401(K) PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Bioworld Merchandising, Inc. reported $181,057 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,418 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 fell from 0.77% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,479th-largest of 5,688 plans among Texas employers on file, and the 1,288th of 4,246 in wholesale trade. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 345 to 408 since 2022.

Plan summary
Net assets, end of year$31,811,320
Participants with balances559
Active participants408
Employer contributions$1,394,357
Employee contributions$2,804,916
Employer contribution per active participant$3,418
Average account balance$56,908
Benefits paid to participants$1,948,242
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.8M · 559 accts · $1.4M emplr
2023$25.0M · 504 accts · $1.2M emplr
2022$18.7M · 506 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,051
Investment management$118,006
Total administrative$181,057
The Bioworld Merchandising, Inc. 401(k) match · 2024
Employer contribution per active participant$3,418
Median for plans this size$2,416
2024$3,418 per active participant
2023$3,590 per active participant
2022$3,100 per active participant

Bioworld Merchandising, Inc.'s 2024 employer contribution ran above 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 · 20243
CFO4LIFE GROUP LLC · Investment advisory (plan)$110,586
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$63,051
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,420

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$181,057 · 0.64%
2023$155,851 · 0.71%
2022$151,538 · 0.77%
Same employer
Similar plansWholesale Trade · Texas
Aiv, L.P. TX$33.7M · 0.39%
Texon Distributing TX$32.5M · 0.20%
L & F Distributors, LLC TX$31.7M · 0.52%
Oki Data Americas Inc. TX$30.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752788482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.