Plan Ledger DOL Form 5500 · updated monthly

Twinstrand Biosciences401(k)

TWINSTRAND BIOSCIENCES 401(K) PLAN · SEATTLE, WA · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Twinstrand Biosciences reported $4,903 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,681 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 has held roughly steady near 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,433rd of 1,714), and 10,231st of 11,654 in professional & technical services. In 2023, employees put in $3.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,849,520
Participants with balances100
Active participants51
Employer contributions$238,736
Employee contributions$829,213
Employer contribution per active participant$4,681
Average account balance$38,495
Benefits paid to participants$800,149
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPAS LLP
Plan history2
Yearassets · accounts · employer contribution
2024$3.7M · 81 accts · $166K emplr
2023$3.8M · 100 accts · $239K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,276
Investment management$2,627
Total administrative$4,903
The Twinstrand Biosciences 401(k) match · 2023
Employer contribution per active participant$4,681
Median for plans this size$1,308
2024$18,442 per active participant
2023$4,681 per active participant

Twinstrand Biosciences's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$5,586 · 0.15%
2023$4,903 · 0.14%
Similar plansProfessional & Technical Services · Washington
Gravis Law, PLLC WA$4.2M · 1.13%
Echonous, Inc. WA$3.9M · 0.04%
Edmodo, LLC WA$3.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811085293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.