Medstar Laboratory, Inc.401(k)
MEDSTAR LABORATORY, INC. 401(K) PLAN · HILLSIDE, IL · plan year 2018
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Medstar Laboratory, Inc. reported $6,564 in plan administrative expenses for 2018: 1.58% of average plan assets, above the peer median. Employer contributions averaged $622 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 under $1M size bracket, benchmarked here against 42 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,571st of 3,702), and 11,436th of 11,911 in health care & social assistance. In 2018, employees put in $1.59 for every $1.00 the employer contributed.
Medstar Laboratory, Inc.'s 2018 employer contribution ran above the $230 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.
Annual cost at the plan's reported 2018 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 364215081 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.