Plan Ledger DOL Form 5500 · updated monthly

Dominion Diagnostics, LLC401(k)

DOMINION DIAGNOSTICS, LLC 401(K) PLAN · NORTH KINGSTOWN, RI · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Dominion Diagnostics, LLC reported $99,430 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,451 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 0.40% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 98th-largest of 286 plans among Rhode Island employers on file, and the 4,376th of 11,654 in professional & technical services. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,108,261
Participants with balances403
Active participants357
Employer contributions$875,001
Employee contributions$1,795,509
Employer contribution per active participant$2,451
Average account balance$69,748
Benefits paid to participants$3,908,297
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 403 accts · $875K emplr
2023$26.0M · 403 accts · $942K emplr
2022$22.4M · 391 accts · $794K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,310
Investment management$22,120
Total administrative$99,430
The Dominion Diagnostics, LLC 401(k) match · 2024
Employer contribution per active participant$2,451
Median for plans this size$2,416
2024$2,451 per active participant
2023$2,646 per active participant
2022$2,336 per active participant

Dominion Diagnostics, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$77,260
USI ADVISORS, INC. · Investment advisory (plan)$22,111
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$99,430 · 0.37%
2023$99,684 · 0.41%
2022$100,332 · 0.40%
Same employer
Similar plansProfessional & Technical Services · Rhode Island
Beta Group Inc RI$42.2M · 0.12%
Cai Software LLC RI$36.3M · 0.13%
Purvis Systems Inc RI$28.8M · 0.37%
Pare Corporation RI$25.1M · 0.00%
Mikel, Inc. RI$19.1M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541882269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.