Plan Ledger DOL Form 5500 · updated monthly

Bocchi Ohio Laboratories, LLC401(k)

BRIGHT INNOVATION LABS 401(K) PLAN · NEW ALBANY, OH · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Bocchi Ohio Laboratories, LLC reported $54,468 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $207 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 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,494th of 3,295), and 11,026th of 13,661 in manufacturing. In 2024, employees put in $17.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,349,030
Participants with balances429
Active participants275
Employer contributions$57,053
Employee contributions$970,399
Employer contribution per active participant$207
Average account balance$12,469
Benefits paid to participants$2,179,364
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,166
Investment management$15,352
Total administrative$54,468
The Bocchi Ohio Laboratories, LLC 401(k) match · 2024
Employer contribution per active participant$207
Median for plans this size$1,313

Bocchi Ohio Laboratories, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$6,828
LPL FINANCIAL LLC RPCP · Investment advisory (participants)$14,215
TROMBINO PENSION ADMINISTRATORS INC · Other services$7,950

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

Administrative cost history1
2024$54,468 · 0.97%
Same employer
Similar plansManufacturing · Ohio
East End Welding, LLC OH$5.4M · 0.75%
Joyce Manufacturing Co. OH$5.4M · 0.00%
Celstar Group, Inc. OH$5.3M · 0.28%
Fresh Products, LLC OH$5.3M · 0.87%
Brt Extrusions, Inc. OH$5.2M · 1.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471756027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.