Plan Ledger DOL Form 5500 · updated monthly

Icon Clinical Research, LLC401(k)

ICON CLINICAL RESEARCH, LLC 401(K) PLAN · BLUE BELL, PA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Icon Clinical Research, LLC reported $982,836 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $4,050 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 0.09% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 44th-largest of 3,651 plans among Pennsylvania employers on file, and the 104th of 11,654 in professional & technical services. In 2024, employees put in $2.50 for every $1.00 the employer contributed; active participation has grown from 5,641 to 10,795 since 2022.

Plan summary
Net assets, end of year$1,612,850,407
Participants with balances15,048
Active participants10,795
Employer contributions$43,725,002
Employee contributions$109,471,647
Employer contribution per active participant$4,050
Average account balance$107,180
Benefits paid to participants$167,831,431
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6B · 15,048 accts · $43.7M emplr
2023$1.4B · 16,271 accts · $42.0M emplr
2022$574.1M · 8,589 accts · $21.6M emplr
The Icon Clinical Research, LLC 401(k) match · 2024
Employer contribution per active participant$4,050
Median for plans this size$5,259
2024$4,050 per active participant
2023$3,338 per active participant
2022$3,831 per active participant

Icon Clinical Research, LLC's 2024 employer contribution ran below the $5,259 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.

Administrative cost history3
2024$982,836 · 0.06%
2023$945,917 · 0.09%
2022$550,602 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Eurofins Nsc US, Inc. PA$1.3B · 0.13%
Reed Smith LLP PA$1.2B · 0.02%
Stv Group, Inc. PA$1.0B · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232689156 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.