Plan Snapshot
- Plan Sponsor: Telesis Bio, INC
- Sponsor EIN: 451216839
- Sponsor Address: 10421 WATERIDGE CIRCLE, SAN DIEGO, CA, 92121
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 112
- Total Assets: $4.0M
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. |
|---|---|---|---|---|
| 2025 | 112 | $4.0M | $0 | $0 |
| 2024 | 34 | $3.9M | $36 | $739,739 |
| 2023 | 146 | $4.5M | $3,095 | $1.5M |
| 2022 | 236 | $4.1M | $0 | $1.7M |
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 |
|---|---|---|---|---|
| RESOURCES INVESTMENT ADVISORS, INC. | Other Service Provider | $19,314 | — | $19,314 |
| ADP, INC. | Recordkeeper | $16,880 | — | $16,880 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,194
- Estimated Expense Ratio: 0.912% 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 |
|---|---|---|---|---|---|
| 2025 | $1,112,453 | $19,314 | — | — | — |
| 2024 | $51,811 | — | — | — | — |
| 2023 | $58,271 | $23,216 | — | — | — |
| 2022 | $51,267 | — | — | — | — |