Plan Ledger DOL Form 5500 · updated monthly

Pacific Biolabs401(k)

PACIFIC BIOLABS 401(K) PLAN · HERCULES, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Pacific Biolabs reported $2,573 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,427 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 rose from 0.008% to 0.013%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,522nd-largest of 9,483 plans among California employers on file, and the 5,400th of 11,654 in professional & technical services. In 2024, employees put in $2.60 for every $1.00 the employer contributed; active participation has grown from 92 to 124 since 2022.

Plan summary
Net assets, end of year$20,854,750
Participants with balances195
Active participants124
Employer contributions$424,954
Employee contributions$1,104,926
Employer contribution per active participant$3,427
Average account balance$106,947
Benefits paid to participants$1,566,339
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER AND CO. LTD
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 195 accts · $425K emplr
2023$17.3M · 181 accts · $629K emplr
2022$12.7M · 151 accts · $349K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,348
Investment management$1,225
Total administrative$2,573
The Pacific Biolabs 401(k) match · 2024
Employer contribution per active participant$3,427
Median for plans this size$2,416
2024$3,427 per active participant
2023$5,666 per active participant
2022$3,792 per active participant

Pacific Biolabs's 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$1,348

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

Administrative cost history3
2024$2,573 · 0.01%
2023$2,288 · 0.02%
2022$1,136 · 0.01%
Same employer
Similar plansProfessional & Technical Services · California
Azul Systems, Inc. CA$21.1M · 0.18%
Uniphore Technologies Inc. CA$21.0M · 0.23%
All Environmental, Inc. CA$21.0M · 0.74%
Buck Design, LLC CA$20.9M · 0.04%
Waldberg, Inc. CA$20.8M · 0.13%
Ascent Environmental, Inc. CA$20.8M · 0.11%
Mind Research Institute CA$20.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942790483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.