Plan Ledger DOL Form 5500 · updated monthly

Chicago Clinical Laboratories, LTD401(k)

NICL LABORATORIES 401(K) SAVINGS AND PROFIT SHARING PLAN · NORTHBROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Chicago Clinical Laboratories, LTD reported $43,504 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $326 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 2 years on file its reported administrative ratio fell from 0.51% to 0.46%. 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 Illinois (2,404th of 3,702), and the 5,774th of 11,911 in health care & social assistance. In 2024, employees put in $7.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,782,667
Participants with balances132
Active participants139
Employer contributions$45,324
Employee contributions$356,772
Employer contribution per active participant$326
Average account balance$74,111
Benefits paid to participants$717,957
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 132 accts · $45K emplr
2023$9.2M · 130 accts · $44K emplr
2022$8.7M · 136 accts · $44K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,398
Investment management$8,106
Total administrative$43,504
The Chicago Clinical Laboratories, LTD 401(k) match · 2024
Employer contribution per active participant$326
Median for plans this size$1,313
2024$326 per active participant
2023$332 per active participant
2022$294 per active participant

Chicago Clinical Laboratories, LTD's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$6,254
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$1,852
OSAIC WEALTH INCindirect comp

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

Administrative cost history3
2024$43,504 · 0.46%
2023$41,794 · 0.47%
2022$47,504 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Doctors Data Inc. IL$9.8M · 0.06%
Lawrence Hall IL$9.7M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363485686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.