Plan Snapshot
- Plan Sponsor: Instrumentation Laboratory
- Sponsor EIN: 020448199
- Sponsor Address: 180 HARTWELL ROAD, BEDFORD, MA, 01730
- Plan Type: 401(k)
- Total Participants: 2,834
- Total Assets: $537.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,834 | $537.6M | $16.6M | $24.9M |
| 2023 | 2,503 | $462.1M | $13.6M | $22.8M |
| 2022 | 2,401 | $358.8M | $12.1M | $19.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $143,659 | — | $143,659 |
| ARDITO, TOSCANO & MCCULLUM, P.C. | NONE | $64,559 | — | $64,559 |
| ARDITO, TOSCANO & MCCOLLUM, PC | Auditor | $64,559 | — | $64,559 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $272,777
- Estimated Expense Ratio: 0.051% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $212,674 | — | — | $64,559 | — |
| 2023 | $193,778 | — | — | $57,816 | — |
| 2022 | $200,888 | — | — | — | $57,039 |