Plan Snapshot
- Plan Sponsor: Labcon, North America
- Sponsor EIN: 941458073
- Sponsor Address: 3700 LAKEVILLE HIGHWAY, #200, PETALUMA, CA, 94954
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $23.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 154 | $23.6M | $228,184 | $674,273 |
| 2023 | 159 | $21.7M | $266,557 | $771,349 |
| 2022 | 288 | $18.6M | $295,540 | $854,466 |
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 |
|---|---|---|---|---|
| SORREN CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $65,811 | — | $65,811 | — | — |
| 2023 | $78,789 | $37,725 | $38,856 | — | — |
| 2022 | $75,947 | $33,634 | $31,313 | — | $11,000 |