Plan Snapshot
- Plan Sponsor: Biolase, INC.
- Sponsor EIN: 870442441
- Sponsor Address: 27042 TOWNE CENTRE DRIVE SUITE 270, FOOTHILL RANCH, CA, 92610
- Plan Type: 401(k)
- Total Participants: 143
- Total Assets: $10.1M
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. |
|---|---|---|---|---|
| 2023 | 143 | $10.1M | $93,858 | $1.1M |
| 2022 | 177 | $8.9M | $88,096 | $1.1M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISOR | $55,802 | — | $55,802 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $34,804 | — | $34,804 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $13,292 | — | $13,292 |
| WINDES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WINDES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,898
- Estimated Expense Ratio: 1.030% 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 |
|---|---|---|---|---|---|
| 2023 | $79,851 | $62,452 | — | — | — |
| 2022 | $71,704 | $56,307 | $15,397 | — | — |