Plan Ledger DOL Form 5500 · updated monthly

Joinn Biologics US Inc401(k)

JOINN BIOLOGICS US INC 401(K) PROFIT SHARING PLAN AND TRUST · RICHMOND, CA · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Joinn Biologics US Inc reported $33,661 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,943 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 1 year on file its reported administrative ratio rose from 0.60% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,207th of 9,483), and 10,004th of 11,654 in professional & technical services. In 2024, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,449,892
Participants with balances109
Active participants70
Employer contributions$275,991
Employee contributions$668,684
Employer contribution per active participant$3,943
Average account balance$40,825
Benefits paid to participants$824,424
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.4M · 109 accts · $276K emplr
2023$3.4M · 108 accts · $310K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,839
Investment management$8,322
Audit (IQPA)$13,500
Total administrative$33,661
The Joinn Biologics US Inc 401(k) match · 2024
Employer contribution per active participant$3,943
Median for plans this size$1,313
2024$3,943 per active participant
2023$4,026 per active participant

Joinn Biologics US Inc'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 · 20243
PENSION ASSURANCE LLP · Accounting / audit$13,500
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$8,322

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

Administrative cost history2
2024$33,661 · 0.85%
2023$17,402 · 0.60%
Similar plansProfessional & Technical Services · California
Dapper America Inc. CA$4.5M · 0.19%
Quartzy, Inc CA$4.4M · 0.05%
Rice Services, Inc. CA$4.4M · 1.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830660142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.