Plan Snapshot
- Plan Sponsor: Biomerieux, INC.
- Sponsor EIN: 431109770
- Sponsor Address: 100 RODOLPHE STREET, DURHAM, NC, 27701
- Plan Type: 401(k)
- Total Participants: 6,473
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 6,473 | $1.1B | $57.4M | $55.9M |
| 2023 | 5,975 | $897.9M | $55.6M | $53.6M |
| 2022 | 5,532 | $714.8M | $47.9M | $46.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $501,913 | — | $501,913 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $298,751 | — | $298,751 |
| EISNERAMPER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $800,664
- Estimated Expense Ratio: 0.076% 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 | $799,626 | $298,751 | $3,300 | — | — |
| 2023 | $744,154 | $346,434 | $2,700 | — | — |
| 2022 | $719,869 | $341,178 | — | — | — |