Plan Ledger DOL Form 5500 · updated monthly

Accu Reference Medical Lab LLC401(k)

ACCU REFERENCE MEDICAL LAB LLC 401(K) PROFIT SHARING PLAN AND T · LINDEN, NJ · plan year 2024

Reported admin expense ratio · 2024
2.07%

Accu Reference Medical Lab LLC reported $122,503 in plan administrative expenses for 2024: 2.07% of average plan assets, higher than ~90% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 3.69% to 2.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,747th of 2,419), and 6,971st of 11,911 in health care & social assistance. active participation has grown from 741 to 867 since 2022.

Plan summary
Net assets, end of year$6,775,468
Participants with balances643
Active participants867
Employer contributions—
Employee contributions$1,718,945
Employer contribution per active participant—
Average account balance$10,537
Benefits paid to participants$676,817
Plan auditUnmodified (clean) audit opinion
AuditorLITVIN & ASSOCIATES INC
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 643 accts
2023$5.0M · 833 accts
2022$3.4M · 863 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,830
Investment management$22,173
Audit (IQPA)$5,500
Total administrative$122,503
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
ADP, INC. · Loan processing · Recordkeeping$94,830
THE AUGUST WEALTH MANAGEMENT GROUP, · Recordkeeping · Trustee$22,173
LITVIN & ASSOCIATES INC · Recordkeeping · Pension consulting$5,500
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, LITVIN & ASSOCIATES INC, THE AUGUST WEALTH MANAGEMENT GROUP,
2023ADP

This plan has changed recordkeepers within these filings. If you left Accu Reference Medical Lab LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$122,503 · 2.07%
2023$127,249 · 3.03%
2022$107,325 · 3.69%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
P.R.O.C.E.E.D. Inc. NJ$7.1M · 0.44%
Monmouth Cares, Inc. NJ$6.8M · 0.85%
Eastern Smiles Opco, LLC NJ$6.8M · 1.14%
Newbridge Services, Inc. NJ$6.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201236503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.