Plan Ledger DOL Form 5500 · updated monthly

Lab Logistics, LLC401(k)

LAB LOGISTICS, LLC 401(K) RETIREMENT PLAN · WEST HAVEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Lab Logistics, LLC reported $77,017 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $618 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 0.32% to 0.39%. 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 543rd-largest of 1,106 plans among Connecticut employers on file, and the 5,373rd of 11,654 in professional & technical services. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 982 to 1,237 since 2022.

Plan summary
Net assets, end of year$20,978,573
Participants with balances400
Active participants1,237
Employer contributions$765,023
Employee contributions$1,537,167
Employer contribution per active participant$618
Average account balance$52,446
Benefits paid to participants$2,210,711
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 400 accts · $765K emplr
2023$18.1M · 355 accts · $740K emplr
2022$17.1M · 299 accts · $507K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,017
Total administrative$77,017
The Lab Logistics, LLC 401(k) match · 2024
Employer contribution per active participant$618
Median for plans this size$2,416
2024$618 per active participant
2023$785 per active participant
2022$516 per active participant

Lab Logistics, LLC's 2024 employer contribution ran below the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$64,746
WELLS THOMAS, LLC · Contract administrator · Other services$12,363
JANNEY MONTGOMERY SCOTT LLC · Investment advisory (plan)indirect comp
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)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$77,017 · 0.39%
2023$72,010 · 0.41%
2022$32,908 · 0.32%
Similar plansProfessional & Technical Services · Connecticut
Blue Prism Software, Inc. CT$24.0M · 0.34%
Simitree Acquisition LLC CT$21.6M · 0.40%
Hrp Associates, Inc. CT$21.2M · 0.01%
Aps Technology, Inc. CT$19.9M · 0.06%
Silversky Inc. CT$18.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454288522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.