Plan Snapshot
- Plan Sponsor: Bioagilytix Labs, LLC
- Sponsor EIN: 262395593
- Sponsor Address: 2300 ENGLERT DR., SUITE G, DURHAM, NC, 27713
- Plan Type: 401(k)
- Total Participants: 764
- Total Assets: $57.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 764 | $57.4M | $2.8M | $6.7M |
| 2023 | 751 | $45.6M | $2.8M | $6.5M |
| 2022 | 771 | $31.3M | $2.5M | $5.9M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE CO | RECORDKEEPER | $7,134 | — | $7,134 |
| EISNERAMPER, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE CO — RECORDKEEPER
- EISNERAMPER, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,134
- Estimated Expense Ratio: 0.012% of plan assets
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 | $194,179 | $102,658 | $83,146 | — | — |
| 2023 | $169,132 | $89,214 | $72,917 | — | — |
| 2022 | $146,851 | — | $4,176 | — | $142,675 |