Plan Ledger DOL Form 5500 · updated monthly

Lenco Diagnostic Laboratories401(k)

LENCO 401(K) RETIREMENT PLAN · BROOKLYN, NY · plan year 2023

Reported admin expense ratio · 2023
0.15%

Lenco Diagnostic Laboratories reported $3,807 in plan administrative expenses for 2023: 0.15% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.11% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,888th of 5,648), and 9,231st of 11,911 in health care & social assistance. active participation has shrunk from 260 to 158 since 2022.

Plan summary
Net assets, end of year$3,041,227
Participants with balances125
Active participants158
Employer contributions—
Employee contributions$666,463
Employer contribution per active participant—
Average account balance$24,330
Benefits paid to participants$110,724
Plan auditUnmodified (clean) audit opinion
AuditorUNIVERSAL CPA P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $2K emplr
2023$3.0M · 125 accts
2022$2.1M · 127 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,807
Total administrative$3,807
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Loan processing · Recordkeeping$3,806
ADP BROKER-DEALER · Other servicesindirect comp
AMERPRISE FINANICAL · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024Not separately reported
2023$3,807 · 0.15%
2022$2,307 · 0.11%
Similar plansHealth Care & Social Assistance · New York
Rivia Medical PLLC NY$3.1M · 1.07%
Bobby Buka, M.D., P.C. NY$3.1M · 0.63%
Northpointe Council, Inc. NY$3.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113630760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.