Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › KALA BIO
KALA BIO 401(k)
- KALA Nasdaq
- Professional, scientific, and technical services
- Arlington, MA
- EIN 27-0604595
- 1 plan with Schedule H financials
- Plan year 2024
- KALA BIO, Inc.
- filed as Kala Bio, Inc.
Administrative expenses excluding investment management, per participant · Kala Bio 401(k) Plan · plan year 2024
$19.90
Higher than 13% of the 24,371 plans $10 to 50M that report it.
Source
= $2,269 / 114
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008130024NAL0005577361001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008130024NAL0005577361001, received 2025-10-08
Percentiles compare this plan with the Schedule H plans $10 to 50M 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 2025-10-08.
Cost and contributions
Administrative expenses per participant
$19.90
Higher than 8% of the 25,098 plans $10 to 50M that report it.
Source
= $2,269 / 114
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008130024NAL0005577361001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008130024NAL0005577361001, received 2025-10-08
Administrative expenses as a share of assets
0.020%
Higher than 6% of the 25,132 plans $10 to 50M that report it.
Source
= $2,269 / $11,515,049
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008130024NAL0005577361001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008130024NAL0005577361001, received 2025-10-08
Employer contributions per participant
$1,363
Higher than 28% of the 24,050 plans $10 to 50M that report it.
Source
= $155,346 / 114
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008130024NAL0005577361001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008130024NAL0005577361001, received 2025-10-08
Employer share of total contributions
14.6%
Higher than 12% of the 24,084 plans $10 to 50M that report it.
Source
= $155,346 / $1,067,359
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008130024NAL0005577361001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008130024NAL0005577361001, received 2025-10-08
Plan terms, as stated in KALA BIO, Inc.'s SEC filings
Employer match
“We also make discretionary matching contributions to our 401(k) plan equal to 50% of the employee contributions up to 4% of the employee’s salary, subject to the statutorily prescribed limit, which was equal to $23,000 in 2024 and $23,500 in 2025.”
Form 10-K filed 2026-04-15, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Vesting
“Under our 401(k) plan, each employee is fully vested in their deferred salary contributions and our discretionary match.”
Form 10-K filed 2026-04-15, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008130024NAL0005577361001, received 2025-10-08
Full record, Kala Bio 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KALA BIO, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Plan name | KALA BIO 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Sponsor EIN / plan number | 27-0604595 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Sponsor location | ARLINGTON, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Industry (business code) | 541990, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Filing received | 2025-10-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Participants, beginning of year | 146 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Active participants | 38 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Participants, end of year | 115 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Participants with an account balance | 114 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Total assets, beginning of year | $11,397,302 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Total assets, end of year | $11,515,049 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Net assets, end of year | $11,515,049 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Total income | $2,695,494 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Net income | $117,747 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Employer contributions | $155,346 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Participant contributions | $713,969 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Other contributions (incl. rollovers) | $198,044 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Total contributions | $1,067,359 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Benefit payments | $2,575,478 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Total expenses (incl. benefit payments) | $2,577,747 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Total administrative expenses | $2,269 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Administrative expenses excluding investment management | $2,269 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Held in common/collective trusts | $83,691 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Held in mutual funds | $11,423,255 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008130024NAL0005577361001, received 2025-10-08 |
| Independent auditor | QRGA, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008130024NAL0005577361001, received 2025-10-08 |
Position = column in the DOL layout for form year 2024. Filing 20251008130024NAL0005577361001, received 2025-10-08.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | RECORDKEEPER | 64 Recordkeeping fees | $1,388 | 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 20251008130024NAL0005577361001, received 2025-10-08.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $11,397,302 | $11,515,049 | 1.0% |
| Participants with a balance | 145 | 114 | -21.4% |
| Administrative expenses | $400 | $2,269 | 467.3% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $147,076 | $155,346 | 5.6% |
Prior filing 20240729143520NAL0018937681001, received 2024-07-29; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: KALA BIO, INC.; SEC registrant: KALA BIO, Inc. (CIK 1479419, matched by EIN; display name from the Form 10-K cover).