Plan Ledger DOL Form 5500 · updated monthly

Lifeomic, Inc.401(k)

LIFEOMIC, INC. 401(K) PROFIT SHARING PLAN · INDIANAPOLIS, IN · plan year 2022

Reported admin expense ratio · 2022
0.21%

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

Lifeomic, Inc. reported $11,797 in plan administrative expenses for 2022: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,866 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 0.21% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Indiana (1,138th of 1,562), and 9,621st of 11,654 in professional & technical services. In 2022, employees put in $4.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,458,409
Participants with balances119
Active participants66
Employer contributions$255,160
Employee contributions$1,254,970
Employer contribution per active participant$3,866
Average account balance$45,869
Benefits paid to participants$929,776
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.5M · 51 accts · $23K emplr
2022$5.5M · 119 accts · $255K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,797
Total administrative$11,797
The Lifeomic, Inc. 401(k) match · 2022
Employer contribution per active participant$3,866
Median for plans this size$1,114
2023$456 per active participant
2022$3,866 per active participant

Lifeomic, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$22,880 · 0.57%
2022$11,797 · 0.21%
Similar plansProfessional & Technical Services · Indiana
Driftboat Management, LLC IN$6.3M · 0.75%
Mainscape, Inc. IN$6.2M · 0.77%
Formassembly, Inc. IN$5.5M · 0.10%
Hobart Animal Clinic Inc IN$5.3M · 0.26%
G & H Wire Company, Inc. IN$4.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814393463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.