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Benchmarking Bioqual, Inc. 401(K) Plan in Rockville, MD against all plans

 

Bioqual, Inc. 401(K) Plan in Rockville, MD has the 9th-lowest total administrative expense per participant ($13.13) of the 52 plans in Rockville, MD. That $13.13 compares to an average of $212.83 across those 52 plans.

Beating the average of $212.83 means a decrease of $47,928 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses รท total participants

Bioqual, Inc. 401(K) Plan has these standings among those 52 peer plans:

  • total administrative expense per participant = $13.13 (9th-lowest)

  • total administrative expenses = $3,151 (10th-lowest)

  • total participants = 240 (25th-most)

Visualize

 
 

Peers

beat out by Ctis Inc. 401k Profit Sharing Plan in Rockville, MD ($1.62), Glotech Inc 401k Retirement Plan in Rockville, MD ($1.89), Tcu Staff 401(K) Plan in Rockville, MD ($4.95), and Computer Packages, Inc. 401(K) Plan & Trust in Rockville, MD ($5.17), and 4 others, ending with Nih Fcu 401(K) Retirement Savings Plan and Trust in Rockville, MD ($10.42).

beat Ourisman Automotive 401(K) Plan in Rockville, MD ($13.91), Stein Sperling Bennett De Jong in Rockville, MD ($15.17), Progressive Technology Federal Systems, Inc. 401(K) Plan in Rockville, MD ($20.55), and Lafayette Federal Credit Union 401(K) Plan in Rockville, MD ($36.47), and 39 others, ending with Bright MLS, Inc. 401(K) Retirement Plan in Rockville, MD ($771.12).

References

  1. in city. Values were kept only if they occurred at least 20 times. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.