Plan Ledger DOL Form 5500 · updated monthly

Franklin Biolabs, Inc.401(k)

FRANKLIN BIOLABS, INC. 401(K) PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Franklin Biolabs, Inc. reported $375 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,665 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 under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,549th of 3,651), and 11,193rd of 11,911 in health care & social assistance. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$672,260
Participants with balances128
Active participants120
Employer contributions$199,792
Employee contributions$311,947
Employer contribution per active participant$1,665
Average account balance$5,252
Benefits paid to participants$1,236
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$375
Total administrative$375
The Franklin Biolabs, Inc. 401(k) match · 2024
Employer contribution per active participant$1,665
Median for plans this size$540

Franklin Biolabs, Inc.'s 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$375

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$375 · 0.06%
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Source: U.S. Department of Labor, Form 5500 series, EIN 922819050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.