Plan Ledger DOL Form 5500 · updated monthly

Harvard Bioscience, Inc.401(k)

HARVARD BIOSCIENCE, INC. 401(K) PLAN · HOLLISTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Harvard Bioscience, Inc. reported $33,224 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,159 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 0.08% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 705th-largest of 2,726 plans among Massachusetts employers on file, and the 3,172nd of 13,661 in manufacturing. In 2024, employees put in $2.68 for every $1.00 the employer contributed; active participation has shrunk from 282 to 218 since 2022.

Plan summary
Net assets, end of year$49,662,388
Participants with balances420
Active participants218
Employer contributions$906,616
Employee contributions$2,425,771
Employer contribution per active participant$4,159
Average account balance$118,244
Benefits paid to participants$7,828,378
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON O'CONNOR, FERON AND CARUCCI
Plan history3
Yearassets · accounts · employer contribution
2024$49.7M · 420 accts · $907K emplr
2023$47.7M · 467 accts · $877K emplr
2022$40.9M · 480 accts · $946K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,224
Total administrative$33,224
The Harvard Bioscience, Inc. 401(k) match · 2024
Employer contribution per active participant$4,159
Median for plans this size$2,416
2024$4,159 per active participant
2023$3,348 per active participant
2022$3,353 per active participant

Harvard Bioscience, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
FUTUREPLAN$17,249
FUTUREPLAN$6,087
MML INVESTORS SERVICES, INC.indirect 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$33,224 · 0.07%
2023$34,867 · 0.08%
2022$35,570 · 0.08%
Same employer
Similar plansManufacturing · Massachusetts
Agenus Inc. MA$52.7M · 0.03%
Chase Corporation MA$52.3M · 0.25%
Twin Rivers Technologies MA$49.5M · 0.02%
Kettle Cuisine, LLC MA$49.3M · 0.51%
Affinity Group, Inc. MA$49.2M · 0.11%
Sekisui America Corporation MA$48.1M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043306140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.