Plan Ledger DOL Form 5500 · updated monthly

Associated Clinical Laboratories LP401(k)

ASSOCIATED CLINICAL LABORATORIES RETIREMENT SAVINGS PLAN · ERIE, PA · plan year 2023

Reported admin expense ratio · 2023
0.26%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Associated Clinical Laboratories LP reported $65,544 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. Employer contributions averaged $106,107 per active participant. 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 1 year on file its reported administrative ratio rose from 0.25% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,314th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,093rd of 11,911 in health care & social assistance. In 2023, employees put in $1.79 for every $1.00 the employer contributed; active participation has shrunk from 331 to 4 since 2022.

Plan summary
Net assets, end of year$25,880,723
Participants with balances287
Active participants4
Employer contributions$424,426
Employee contributions$758,115
Employer contribution per active participant$106,107
Average account balance$90,177
Benefits paid to participants$2,408,203
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $15K emplr
2023$25.9M · 287 accts · $424K emplr
2022$24.1M · 307 accts · $394K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,163
Investment management$24,381
Total administrative$65,544
The Associated Clinical Laboratories LP 401(k) match · 2023
Employer contribution per active participant$106,107
Median for plans this size$2,440
2023$106,107 per active participant
2022$1,190 per active participant

Associated Clinical Laboratories LP's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$41,164
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$24,381

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$65,544 · 0.26%
2022$69,092 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Living Branches PA$26.5M · 0.50%
Voce PA$26.1M · 0.44%
Lifepath, Inc. PA$25.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251533746 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.