Plan Snapshot
- Plan Sponsor: Bio-Serv Corporation
- Sponsor EIN: 381643006
- Sponsor Address: 31700 RESEARCH PARK DR, MADISON HEIGHTS, MI, 480714627
- Plan Type: 401(k)
- Total Participants: 270
- Total Assets: $35.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 270 | $35.5M | $969,093 | $1.8M |
| 2023 | 274 | $32.6M | $897,212 | $1.6M |
| 2022 | 261 | $28.1M | $839,501 | $1.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GROEN, KLUKA, AND COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROEN, KLUKA, AND COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $93,004 | — | $93,004 | — | — |
| 2023 | $80,587 | — | $80,587 | — | — |
| 2022 | $81,155 | — | $81,155 | — | — |