Employers › Balchem
Recordkeeping fees per participant · Balchem Corporation 401(k) Plan · plan year 2024
$86.67
Higher than 64% of the 5,847 plans $50 to 250M that report it.
= $134,427 / 1,551
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250626110403NAL0005127987001, received 2025-06-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626110403NAL0005127987001, received 2025-06-26
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-26.
Administrative expenses excluding investment management, per participant
$115.38
Higher than 62% of the 8,758 plans $50 to 250M that report it.
= $178,955 / 1,551
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250626110403NAL0005127987001, received 2025-06-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626110403NAL0005127987001, received 2025-06-26
Administrative expenses per participant
$115.38
Higher than 43% of the 9,042 plans $50 to 250M that report it.
= $178,955 / 1,551
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250626110403NAL0005127987001, received 2025-06-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626110403NAL0005127987001, received 2025-06-26
Administrative expenses as a share of assets
0.126%
Higher than 47% of the 9,049 plans $50 to 250M that report it.
= $178,955 / $141,773,680
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250626110403NAL0005127987001, received 2025-06-26
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250626110403NAL0005127987001, received 2025-06-26
Employer contributions per participant
$3,079
Higher than 56% of the 9,105 plans $50 to 250M that report it.
= $4,776,030 / 1,551
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250626110403NAL0005127987001, received 2025-06-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626110403NAL0005127987001, received 2025-06-26
Employer share of total contributions
38.8%
Higher than 75% of the 9,112 plans $50 to 250M that report it.
= $4,776,030 / $12,306,130
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250626110403NAL0005127987001, received 2025-06-26
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250626110403NAL0005127987001, received 2025-06-26
Employer match
“To maintain “safe harbor” status, the employer will make a safe harbor matching contribution equal to 100% of the elective deferrals that do not exceed 6% of compensation.”
Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, contributions · source document
Eligibility
“Employees are automatically enrolled in the Plan on the first day of the month after they become eligible to participate and can elect to opt-out at any time.”
Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Vesting
“Participants are 100% vested in their contributions (including rollovers) and employer safe harbor contributions, plus actual earnings or losses thereon.”
Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“Employees are automatically enrolled in the Plan on the first day of the month after they become eligible to participate and can elect to opt-out at any time.”
Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, general · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3I · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250626110403NAL0005127987001, received 2025-06-26
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BALCHEM CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Plan name | BALCHEM CORPORATION 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Sponsor EIN / plan number | 13-2578432 / 005 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Sponsor location | MIDDLETOWN, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Industry (business code) | 325300, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Filing received | 2025-06-26 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Participants, beginning of year | 1,438 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Active participants | 1,021 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Participants, end of year | 1,652 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Participants with an account balance | 1,551 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Total assets, beginning of year | $132,019,878 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Total assets, end of year | $141,773,680 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Net assets, end of year | $141,773,680 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Total income | $26,259,188 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Net income | $9,753,802 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Employer contributions | $4,776,030 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Participant contributions | $6,306,647 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Other contributions (incl. rollovers) | $1,223,453 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Total contributions | $12,306,130 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Benefit payments | $16,295,211 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Total expenses (incl. benefit payments) | $16,505,386 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Total administrative expenses | $178,955 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Contract administrator fees | $44,278 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Recordkeeping fees | $134,427 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Administrative expenses excluding investment management | $178,955 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Held in mutual funds | $80,737,106 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250626110403NAL0005127987001, received 2025-06-26 |
| Independent auditor | BDO USA, P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250626110403NAL0005127987001, received 2025-06-26 |
Position = column in the DOL layout for form year 2024. Filing 20250626110403NAL0005127987001, received 2025-06-26.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | RECORDKEEPER | 13 Contract administrator; 50 Direct payment from the plan; 15 Recordkeeping and information management; 64 Recordkeeping fees; 37 Participant loan processing | $178,705 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250626110403NAL0005127987001, received 2025-06-26.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $132,019,878 | $141,773,680 | 7.4% |
| Participants with a balance | 1,438 | 1,551 | 7.9% |
| Administrative expenses | $198,535 | $178,955 | -9.9% |
| Recordkeeping fees per participant | not reported | $86.67 | |
| Employer contributions | $4,381,862 | $4,776,030 | 9.0% |
Prior filing 20241104115634NAL0010083664001, received 2024-11-04; the plan years are contiguous.
Sponsor name as filed: BALCHEM CORPORATION; SEC registrant: BALCHEM CORP (CIK 9326, matched by EIN; display name from the Form 10-K cover).