Plan Ledger DOL Form 5500 · updated monthly

Clinilabs, Inc.401(k)

CLINILABS, INC. 401(K) PLAN · EATONTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Clinilabs, Inc. reported $23,648 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $583 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 0.71% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,629th of 2,419), and 8,525th of 11,654 in professional & technical services. In 2024, employees put in $8.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,433,255
Participants with balances331
Active participants203
Employer contributions$118,376
Employee contributions$977,755
Employer contribution per active participant$583
Average account balance$25,478
Benefits paid to participants$1,254,724
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.4M · 331 accts · $118K emplr
2022$7.0M · 297 accts · $91K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,048
Total administrative$23,648
The Clinilabs, Inc. 401(k) match · 2024
Employer contribution per active participant$583
Median for plans this size$1,313
2024$583 per active participant
2022$593 per active participant

Clinilabs, Inc.'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 · 20242
WELLS FARGO ADVISORS FINANCIAL NETWindirect comp

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

Administrative cost history2
2024$23,648 · 0.29%
2022$54,673 · 0.71%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Sales Benchmark Index NJ$8.5M · 0.03%
3I Infotech, Inc. NJ$8.4M · 0.68%
Aequor Technologies, LLC NJ$7.8M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134116482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.