Plan Ledger DOL Form 5500 · updated monthly

Labconco Corporation401(k)

LABCONCO CORPORATION PROFIT SHARING PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Labconco Corporation reported $57,920 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $8,319 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 0.08% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 279th-largest of 1,393 plans among Missouri employers on file, and the 2,721st of 13,661 in manufacturing. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$61,925,469
Participants with balances296
Active participants229
Employer contributions$1,905,000
Employee contributions$1,670,759
Employer contribution per active participant$8,319
Average account balance$209,208
Benefits paid to participants$9,217,754
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.9M · 296 accts · $1.9M emplr
2023$58.4M · 303 accts · $2.1M emplr
2022$53.6M · 320 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,864
Total administrative$57,920
The Labconco Corporation 401(k) match · 2024
Employer contribution per active participant$8,319
Median for plans this size$3,635
2024$8,319 per active participant
2023$9,065 per active participant
2022$10,100 per active participant

Labconco Corporation's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Investment management$34,864
ATLANTA CONSULTING GROUP · Consulting · Pension consulting$23,057

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$57,920 · 0.10%
2023$56,108 · 0.10%
2022$48,719 · 0.08%
All plans at this employer2
LABCONCO CORPORATION PROFIT SHARING PLAN401(k)
LABCONCO CORP PROFIT SHARING RETIREMENT PLAN - KC HOURLY EMPLOYEES401(k)
Same employer
Similar plansManufacturing · Missouri
Buckeye International, Inc. MO$64.8M · 0.15%
Beltservice Corporation MO$64.0M · 0.04%
Bellring Brands, Inc. MO$60.4M · 0.06%
Metal Exchange, LLC MO$59.7M · 0.18%
The Gund Company, Inc. MO$55.5M · 0.27%
Duke Manufacturing Company MO$54.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440319750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.