Plan Ledger DOL Form 5500 · updated monthly

Clinical Laboratory Services401(k)

CLINICAL LABS 401(K) PLAN · WINDER, GA · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Clinical Laboratory Services reported $7,040 in plan administrative expenses for 2023: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,609 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 0.13% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,742nd of 2,160), and 8,711th of 11,911 in health care & social assistance. In 2023, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,768,771
Participants with balances89
Active participants117
Employer contributions$188,276
Employee contributions$289,417
Employer contribution per active participant$1,609
Average account balance$42,346
Benefits paid to participants$638,801
Plan auditUnmodified (clean) audit opinion
AuditorMARSHALL JONES
Plan history2
Yearassets · accounts · employer contribution
2023$3.8M · 89 accts · $188K emplr
2022$3.2M · 103 accts · $201K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,040
Total administrative$7,040
The Clinical Laboratory Services 401(k) match · 2023
Employer contribution per active participant$1,609
Median for plans this size$1,308
2023$1,609 per active participant
2022$1,358 per active participant

Clinical Laboratory Services's 2023 employer contribution ran above the $1,308 median for plans its size. 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.

Administrative cost history2
2023$7,040 · 0.20%
2022$4,578 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Waste Eliminator LLC GA$4.1M · 0.29%
Thrive Senior Living, LLC GA$4.0M · 0.89%
Evans Memorial Hospital GA$3.7M · 0.06%
Medside Corporation GA$3.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582328865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.