Plan Ledger DOL Form 5500 · updated monthly

Brainlab, Inc.401(k)

BRAINLAB, INC. 401(K) PLAN · WESTCHESTER, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Brainlab, Inc. reported $54,862 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $2,757 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 0.07% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 680th-largest of 3,702 plans among Illinois employers on file, and the 468th of 5,215 in retail trade. In 2024, employees put in $3.43 for every $1.00 the employer contributed; active participation has grown from 382 to 423 since 2022.

Plan summary
Net assets, end of year$76,375,839
Participants with balances513
Active participants423
Employer contributions$1,166,281
Employee contributions$3,999,032
Employer contribution per active participant$2,757
Average account balance$148,881
Benefits paid to participants$4,618,263
Plan auditUnmodified (clean) audit opinion
AuditorSELDEN FOX, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$76.4M · 513 accts · $1.2M emplr
2023$65.0M · 504 accts · $1.4M emplr
2022$50.2M · 449 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,900
Investment management$49,412
Total administrative$54,862
The Brainlab, Inc. 401(k) match · 2024
Employer contribution per active participant$2,757
Median for plans this size$3,635
2024$2,757 per active participant
2023$3,156 per active participant
2022$3,030 per active participant

Brainlab, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$40,520
SELDEN FOX$8,585
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$5,757
UBS FINANCIAL SERVICES INCindirect comp

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$54,862 · 0.08%
2023$43,882 · 0.08%
2022$39,757 · 0.07%
Same employer
Similar plansRetail Trade · Illinois
M. E. Fields, Inc. IL$94.8M · 0.30%
Imperial Optical Midco Inc. IL$83.0M · 0.55%
Mark Anthony Brands Inc. IL$79.5M · 0.45%
Weathertech Direct, LLC IL$77.7M · 0.07%
Henricksen & Company, Inc. IL$68.1M · 0.00%
Cit Trucks, LLC IL$67.1M · 0.24%
Empire Today, LLC IL$63.7M · 0.42%
Niemann Foods, Inc. IL$61.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911934839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.