Plan Ledger DOL Form 5500 · updated monthly

Igenomix USA, LLC401(k)

IGENOMIX USA, LLC 401(K) PROFIT SHARING PLAN AND TRUST · DORAL, FL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Igenomix USA, LLC reported $7,422 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,442 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 0.53% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,654th of 3,644), and 8,439th of 11,911 in health care & social assistance. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has shrunk from 111 to 98 since 2022.

Plan summary
Net assets, end of year$4,154,333
Participants with balances138
Active participants98
Employer contributions$239,283
Employee contributions$561,445
Employer contribution per active participant$2,442
Average account balance$30,104
Benefits paid to participants$307,244
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 138 accts · $239K emplr
2023$3.2M · 145 accts · $233K emplr
2022$2.1M · 143 accts · $226K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,422
Total administrative$7,422
The Igenomix USA, LLC 401(k) match · 2024
Employer contribution per active participant$2,442
Median for plans this size$1,313
2024$2,442 per active participant
2023$2,200 per active participant
2022$2,034 per active participant

Igenomix USA, LLC'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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$38,569

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Igenomix USA, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,422 · 0.20%
2023$8,304 · 0.31%
2022$10,421 · 0.53%
Similar plansHealth Care & Social Assistance · Florida
Providia Home Care Corp FL$4.2M · 0.52%
Slm Staffing, LLC FL$4.2M · 1.69%
United Vein Centers FL$4.2M · 0.59%
The Arc Tampa Bay, Inc. FL$4.1M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462512132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.