Plan Ledger DOL Form 5500 · updated monthly

Blairex Laboratories, Inc.401(k)

BLAIREX LABORATORIES, INC. 401(K) PROFIT SHARING PLAN · COLUMBUS, IN · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Blairex Laboratories, Inc. reported $10,824 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,030 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 has held roughly steady near 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 639th-largest of 1,562 plans among Indiana employers on file, and the 6,508th of 13,661 in manufacturing. In 2022, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,290,865
Participants with balances116
Active participants108
Employer contributions$219,260
Employee contributions$304,106
Employer contribution per active participant$2,030
Average account balance$149,059
Benefits paid to participants$398,669
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHEC(K) CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $315 emplr
2023$16.9M · 122 accts · $234K emplr
2022$17.3M · 116 accts · $219K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,824
Total administrative$10,824
The Blairex Laboratories, Inc. 401(k) match · 2022
Employer contribution per active participant$2,030
Median for plans this size$2,266
2023$1,931 per active participant
2022$2,030 per active participant

Blairex Laboratories, Inc.'s 2022 employer contribution ran below the $2,266 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 history3
2024Not separately reported
2023$9,480 · 0.06%
2022$10,824 · 0.05%
Similar plansManufacturing · Indiana
Midwestern Pet Food, Inc. IN$17.4M · 0.34%
Msi Express, Inc. IN$17.4M · 0.42%
Press-Seal Corporation IN$17.4M · 0.03%
Pyromation, Inc. IN$16.9M · 0.73%
Attc Manufacturing, Inc. IN$16.8M · 0.78%
Radian Research, Inc. IN$16.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351388664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.