Plan Ledger DOL Form 5500 · updated monthly

Idt Biologika Corporation401(k)

IDT BIOLOGIKA CORPORATION RETIREMENT PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Idt Biologika Corporation reported $41,719 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $26,270 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 0.05% to 0.49%. 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 Maryland (1,064th of 1,671), and 9,447th of 13,661 in manufacturing. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has shrunk from 70 to 11 since 2022.

Plan summary
Net assets, end of year$8,504,021
Participants with balances84
Active participants11
Employer contributions$288,969
Employee contributions$445,523
Employer contribution per active participant$26,270
Average account balance$101,238
Benefits paid to participants$1,808,000
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 84 accts · $289K emplr
2023$8.4M · 111 accts · $339K emplr
2022$7.3M · 104 accts · $339K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,719
Total administrative$41,719
The Idt Biologika Corporation 401(k) match · 2024
Employer contribution per active participant$26,270
Median for plans this size$1,313
2024$26,270 per active participant
2023$4,465 per active participant
2022$4,838 per active participant

Idt Biologika Corporation's 2024 employer contribution ran above the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$41,719
NORTHWESTERN MUTUAL WEALTH MGMT · Investment advisory (plan)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$41,719 · 0.49%
2023$22,859 · 0.29%
2022$3,773 · 0.05%
Similar plansManufacturing · Maryland
Douron, Inc. MD$10.4M · 0.72%
M & M Refrigeration, LLC MD$8.9M · 0.45%
Elutia Inc. MD$8.2M · 1.02%
Corporate Press, Inc. MD$7.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264435218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.