Biotronik Corporate Services US, Inc. 401(k) Review & Grade
Biotronik/micro Systems Engineering 401(k) Plan
Lake Oswego, ORProfessional, Scientific & Technical Services1,246 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,536Employer $ per active participant
$13,784Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$306.3MNet plan assets, end of year
$189,796Average balance per account
Score breakdown
- Employer generosity38.5 / 5077th percentile for employer $ per participant
- Low cost19.7 / 2579th percentile for low admin cost vs. same-size plans
- Employee saving12.5 / 1583th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score71 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 77th |
| Lower admin cost | 79th |
| Employee saving | 83th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($1,257 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Biotronik Corporate Services US put in about $5,536 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $6,901,107 |
| Participant (employee) contributions | $17,182,275 |
| Other contributions (incl. rollovers in) | $2,626,172 |
| Administrative expenses paid from the plan | $235,708 |
| Investment advisory & management fees | $58,756 |
| Other admin expenses | $52,000 |
| Benefits paid out | $26,942,125 |
| Net assets, start / end of year | $271.8M / $306.3M |
| Active participants, start / end of year | 1,252 / 1,241 |
| Participants with account balances | 1,614 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Perkins & Company, P.C. |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $124,952 reported compensation |
| Empower Advisory Group, LLC | $58,756 reported compensation |
| Morgan Stanley | $52,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014202816NAL0001820339001, received 2025-10-14, EIN 83-2327967, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.