# Biomerieux, INC. 401(k) Plan
Source: https://planprovider.pro/companies/biomerieux-inc-401k-plan

> Biomerieux, INC.&#39;s 401(k) plan: 6,473 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [EISNERAMPER LLP](https://planprovider.pro/provider/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|—|—|—|

## Similar Plans

- [Bioventus LLC](https://planprovider.pro/companies/bioventus-llc-401k-plan) — 901 participants

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