Plan Ledger DOL Form 5500 · updated monthly

J.R. Carlson Laboratories, Inc.401(k)

J.R. CARLSON LABORATORIES, INC. 401(K) PLAN · ARLINGTON HEIGHTS, IL · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

J.R. Carlson Laboratories, Inc. reported $92,602 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,909 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 rose from 0.02% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,739th-largest of 3,702 plans among Illinois employers on file, and the 1,988th of 4,246 in wholesale trade. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,922,654
Participants with balances184
Active participants145
Employer contributions$566,742
Employee contributions$936,170
Employer contribution per active participant$3,909
Average account balance$102,841
Benefits paid to participants$1,142,587
Plan auditUnmodified (clean) audit opinion
AuditorWARADY & DAVIS
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 184 accts · $567K emplr
2023$16.3M · 173 accts · $513K emplr
2022$13.4M · 163 accts · $498K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,602
Total administrative$92,602
The J.R. Carlson Laboratories, Inc. 401(k) match · 2024
Employer contribution per active participant$3,909
Median for plans this size$2,416
2024$3,909 per active participant
2023$3,588 per active participant
2022$3,661 per active participant

J.R. Carlson Laboratories, Inc.'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$92,081
THE PENSION SPECIALISTS, LTD. · Contract administrator · Other services$520
LASALLE ST SECURITIES L.L.C. · Other servicesindirect 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$92,602 · 0.53%
2023$74,824 · 0.50%
2022$3,100 · 0.02%
Same employer
Similar plansWholesale Trade · Illinois
Burke Beverage, Inc. IL$18.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362672870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.