Plan Snapshot
- Plan Sponsor: Lab Logistics, LLC
- Sponsor EIN: 454288522
- Sponsor Address: 30 RAILROAD AVENUE, WEST HAVEN, CT, 06516
- Plan Type: 401(k)
- Total Participants: 1,237
- Total Assets: $21.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,237 | $21.0M | $765,023 | $1.5M |
| 2023 | 943 | $18.1M | $739,909 | $1.7M |
| 2022 | 982 | $17.1M | $506,757 | $1.1M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $64,746 | — | $64,746 |
| JANNEY MONTGOMERY SCOTT LLC | INVESTMENT ADVISORY | — | $24,066 | $24,066 |
| WELLS THOMAS, LLC | CONTRACT ADMINISTRATOR | $12,363 | $8,145 | $20,508 |
| LPL FINANCIAL LLC - RPCP | INVESTMENT ADVISORY | — | $15,934 | $15,934 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JANNEY MONTGOMERY SCOTT LLC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,254
- Estimated Expense Ratio: 0.597% 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 | $77,017 | — | $77,017 | — | — |
| 2023 | $72,010 | — | $72,010 | — | — |
| 2022 | $32,908 | — | $32,908 | — | — |