Plan Ledger DOL Form 5500 · updated monthly

Kbi Biopharma, Inc.401(k)

KBI BIOPHARMA 401(K) RETIREMENT PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Kbi Biopharma, Inc. reported $202,925 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $4,664 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 0.26% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 183rd-largest of 2,005 plans among North Carolina employers on file, and the 1,354th of 11,654 in professional & technical services. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has shrunk from 1,604 to 1,398 since 2022.

Plan summary
Net assets, end of year$112,216,051
Participants with balances1,770
Active participants1,398
Employer contributions$6,520,628
Employee contributions$12,931,959
Employer contribution per active participant$4,664
Average account balance$63,399
Benefits paid to participants$13,896,152
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & CO LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $1.1M emplr
2024$112.2M · 1,770 accts · $6.5M emplr
2023$90.9M · 1,751 accts · $6.5M emplr
2022$64.2M · 1,679 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$202,925
Total administrative$202,925
The Kbi Biopharma, Inc. 401(k) match · 2024
Employer contribution per active participant$4,664
Median for plans this size$3,635
2024$4,664 per active participant
2023$4,336 per active participant
2022$3,280 per active participant

Kbi Biopharma, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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
ADP, INC. · Loan processing · Recordkeeping$202,924
CHARLES SCHWAB INVESTMENT MGMT INC. · Securities brokerage$101
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history4
2025Not separately reported
2024$202,925 · 0.20%
2023$191,147 · 0.25%
2022$172,005 · 0.26%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 800058312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.