Plan Snapshot
- Plan Sponsor: Biomerics, LLC
- Sponsor EIN: 264327437
- Sponsor Address: 6030 WEST HAROLD GATTY DRIVE, SALT LAKE CITY, UT, 84116
- Plan Type: 401(k)
- Total Participants: 1,845
- Total Assets: $49.7M
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 | 1,845 | $49.7M | $2.5M | $5.0M |
| 2023 | 1,732 | $36.8M | $2.0M | $4.1M |
| 2022 | 1,512 | $24.3M | $1.5M | $3.0M |
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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | — | — | $0 |
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 | $243,695 | $85,038 | — | — | — |
| 2023 | $152,697 | $63,999 | — | — | — |
| 2022 | $97,244 | — | $97,244 | — | — |