Plan Ledger DOL Form 5500 · updated monthly

Seran Bioscience, LLC401(k)

SERAN BIOSCIENCE 401(K) PLAN · BEND, OR · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Seran Bioscience, LLC reported $77,269 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,844 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 fell from 1.28% to 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oregon (590th of 1,021), and 6,072nd of 11,911 in health care & social assistance. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,976,769
Participants with balances228
Active participants183
Employer contributions$1,069,509
Employee contributions$1,725,062
Employer contribution per active participant$5,844
Average account balance$39,372
Benefits paid to participants$363,301
Plan auditUnmodified (clean) audit opinion
AuditorKERNUTT STOKES
Plan history2
Yearassets · accounts · employer contribution
2024$9.0M · 228 accts · $1.1M emplr
2023$5.1M · 200 accts · $803K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,386
Investment management$36,883
Total administrative$77,269
The Seran Bioscience, LLC 401(k) match · 2024
Employer contribution per active participant$5,844
Median for plans this size$1,313
2024$5,844 per active participant
2023$4,750 per active participant

Seran Bioscience, LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,386
ASCENT CAPITAL MANAGEMENT · Investment advisory (plan)$35,466

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$77,269 · 1.10%
2023$50,084 · 1.28%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Generations LLC OR$9.2M · 0.59%
Lifeways Inc. OR$8.2M · 0.24%
Protocall Services, Inc. OR$8.0M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811752632 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.