Plan Ledger DOL Form 5500 · updated monthly

Lynx Dx Inc401(k)

LYNX DX INC 401(K) PROFIT SHARING PLAN & TRUST · NORTHVILLE, MI · plan year 2023

Reported admin expense ratio · 2023
1.09%

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

Lynx Dx Inc reported $13,548 in plan administrative expenses for 2023: 1.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,279 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,428th of 2,619), and 11,046th of 11,654 in professional & technical services. In 2023, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,519,953
Participants with balances79
Active participants50
Employer contributions$213,949
Employee contributions$392,341
Employer contribution per active participant$4,279
Average account balance$19,240
Benefits paid to participants$385,240
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,261
Trustee / custodial$287
Total administrative$13,548
The Lynx Dx Inc 401(k) match · 2023
Employer contribution per active participant$4,279
Median for plans this size$1,308

Lynx Dx Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PAYCHEX, INC. · Recordkeeping$12,827

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

Administrative cost history1
2023$13,548 · 1.09%
Similar plansProfessional & Technical Services · Michigan
Kode Health, Inc. MI$1.9M · 0.18%
A2MAC1 LLC MI$1.7M · 0.67%
Info Services, LLC MI$1.6M · 0.75%
Cdl Marketing Group LLC MI$1.5M · 0.03%
Envisiontec, Inc. MI$1.5M · 0.28%
L5 Fitness Holdings LLC MI$1.4M · 2.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474172816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.