Plan Ledger DOL Form 5500 · updated monthly

Idexx Laboratories, Inc.401(k)

IDEXX RETIREMENT AND INCENTIVE SAVINGS PLAN · WESTBROOK, ME · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Idexx Laboratories, Inc. reported $839,095 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $4,625 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 3 years on file its reported administrative ratio has held roughly steady near 0.073%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 5th-largest of 354 plans among Maine employers on file, and the 269th of 13,661 in manufacturing. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,243,298,965
Participants with balances8,752
Active participants6,742
Employer contributions$31,184,453
Employee contributions$66,712,740
Employer contribution per active participant$4,625
Average account balance$142,059
Benefits paid to participants$60,834,557
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 8,752 accts · $31.2M emplr
2023$1.0B · 8,746 accts · $30.3M emplr
2022$834.0M · 8,485 accts · $28.3M emplr
The Idexx Laboratories, Inc. 401(k) match · 2024
Employer contribution per active participant$4,625
Median for plans this size$5,259
2024$4,625 per active participant
2023$4,470 per active participant
2022$4,293 per active participant

Idexx Laboratories, Inc.'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.

Service providers · 20244
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$408,651
THE VANGUARD GROUP, INC. · Investment advisory (participants)$434,674
FIDUCIENT ADVISORS LLC$10,761
VERRILL DANA LLP$9,989

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$839,095 · 0.07%
2023$790,003 · 0.08%
2022$640,262 · 0.07%
Same employer
Similar plansManufacturing · Maine
Globalfoundries U.S. Inc. CA$1.2B · 0.04%
Qorvo US, Inc. OR$1.2B · 0.02%
Hubbell Incorporated CT$1.2B · 0.09%
Arkema Inc. PA$1.2B · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 010393723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.