What are the fees in the Phenomebio, Inc. 401(k) plan?

For plan year 2022, Phenomebio, Inc. reported $35,058 in plan administrative expenses, or 0.55% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the Phenomebio, Inc. 401(k) match?

In 2022, employer contributions to the Phenomebio, Inc. plan averaged $3,615 per active participant, above the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Phenomebio, Inc. 401(k)?

The average participant account balance was $17,838 for plan year 2022, based on 410 accounts.

Phenomebio, Inc.401(k)

Name: Phenomebio, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ISOPLEXIS CORPORATION 401(K) PLAN · BRANFORD, CT · plan year 2022

Reported admin expense ratio · 2022

0.55%

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

Phenomebio, Inc. reported $35,058 in plan administrative expenses for 2022: 0.55% of average plan assets, above the peer median. Employer contributions averaged $3,615 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (832nd of 1,106), and 9,996th of 13,661 in manufacturing. In 2022, employees put in $2.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,313,658
Participants with balances410
Active participants261
Employer contributions$943,609
Employee contributions$2,586,865
Employer contribution per active participant$3,615
Average account balance$17,838
Benefits paid to participants$764,999
Plan auditUnmodified (clean) audit opinion
AuditorCOHNREZNICK LLP

Plan history2

Yearassets · accounts · employer contribution

2023$0 · $311K emplr

2022$7.3M · 410 accts · $944K emplr

Administrative expenses, itemized · 2022

Investment management$35,058

Total administrative$35,058

The Phenomebio, Inc. 401(k) match · 2022

Employer contribution per active participant$3,615

Median for plans this size$1,114

Phenomebio, 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

Your balance

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

2023Not separately reported

2022$35,058 · 0.55%

Similar plansManufacturing · Connecticut
Ghp Media, Inc. CT$7.6M · 0.05%
Sheffield Pharmaceuticals, LLC CT$7.5M · 0.50%
Peter Paul Electronics Co., Inc. CT$7.4M · 0.48%
McR Donuts, Inc. CT$7.3M · 1.08%
Environmental Products Corporation (Envipco) CT$7.2M · 0.20%
Fairfield Processing Corporation CT$7.1M · 1.04%
Seidel, Inc. CT$7.1M · 0.12%
Times Microwave Systems, Inc. CT$6.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462179799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.