Plan Ledger DOL Form 5500 · updated monthly

Labware Holdings, Inc.401(k)

LABWARE HOLDINGS, INC. 401K PROFIT SHARING PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Labware Holdings, Inc. reported $116,368 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $4,624 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 0.189%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 46th-largest of 242 plans among Delaware employers on file, and the 416th of 2,199 in information & media. In 2024, employees put in $2.67 for every $1.00 the employer contributed; active participation has grown from 198 to 230 since 2022.

Plan summary
Net assets, end of year$66,492,508
Participants with balances276
Active participants230
Employer contributions$1,063,622
Employee contributions$2,836,883
Employer contribution per active participant$4,624
Average account balance$240,915
Benefits paid to participants$2,396,006
Plan auditUnmodified (clean) audit opinion
AuditorRW GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$66.5M · 276 accts · $1.1M emplr
2023$56.6M · 281 accts · $1.0M emplr
2022$46.3M · 239 accts · $880K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,368
Total administrative$116,368
The Labware Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$4,624
Median for plans this size$3,635
2024$4,624 per active participant
2023$4,297 per active participant
2022$4,447 per active participant

Labware Holdings, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
THE VANGUARD GROUP · Recordkeeping$2,020
RBC WEALTH MANAGEMENT · Investment advisory (plan)$120,765

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$116,368 · 0.19%
2023$98,006 · 0.19%
2022$95,252 · 0.19%
Same employer
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Techsmith Corporation MI$67.9M · 0.01%
Insightsoftware, LLC NC$67.1M · 0.21%
Alta Resources Corp. WI$66.2M · 0.46%
Extrahop Networks, Inc. WA$65.7M · 0.33%
Future US Inc NY$65.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510309786 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.