# Bio-Serv Corporation 401(k) Plan
Source: https://planprovider.pro/companies/bio-serv-corporation-401k-plan

> Bio-Serv Corporation's 401(k) plan: 270 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/groen-kluka-and-company-pc) — 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|—|—|

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