Plan Ledger DOL Form 5500 · updated monthly

Menarini Silicon Biosystems, Inc.401(k)

MENARINI SILICON BIOSYSTEMS 401(K) PROFIT SHARING PLAN · HUNTINGDON VALLEY, PA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Menarini Silicon Biosystems, Inc. reported $3,645 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,493 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 0.041% to 0.044%. 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 Pennsylvania (2,385th of 3,651), and 8,297th of 11,654 in professional & technical services. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,090,276
Participants with balances132
Active participants76
Employer contributions$569,454
Employee contributions$932,521
Employer contribution per active participant$7,493
Average account balance$68,866
Benefits paid to participants$1,094,334
Plan auditUnmodified (clean) audit opinion
AuditorEISNERAMPLER LLP
Plan history2
Yearassets · accounts · employer contribution
2024$9.1M · 132 accts · $569K emplr
2023$7.6M · 123 accts · $382K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,645
Total administrative$3,645
The Menarini Silicon Biosystems, Inc. 401(k) match · 2024
Employer contribution per active participant$7,493
Median for plans this size$1,313
2024$7,493 per active participant
2023$4,774 per active participant

Menarini Silicon Biosystems, 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
NATIONWIDE · Contract administrator · Plan administrator$36,242
NATIONAL BENEFIT SERVICES, LLC · Other services$2,500
INDEPENDENT FINANCIAL GROUP, INC. · Investment advisory (participants) · 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 history2
2024$3,645 · 0.04%
2023$2,767 · 0.04%
Similar plansProfessional & Technical Services · Pennsylvania
Nexxt, Inc. PA$9.2M · 0.01%
Near Earth Autonomy, Inc. PA$9.0M · 0.05%
Gh Advertising, Inc. PA$8.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274036679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.