Plan Snapshot
- Plan Sponsor: Laboratory Alliance Of Central New York
- Sponsor EIN: 161536202
- Sponsor Address: 115 CONTINUUM DRIVE, SUITE 2A, LIVERPOOL, NY, 13088
- Plan Type: 401(k)
- Total Participants: 217
- Total Assets: $19.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 217 | $19.1M | $290,058 | $994,952 |
| 2023 | 327 | $22.8M | $328,371 | $1.2M |
| 2022 | 251 | $22.2M | $308,558 | $1.2M |
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 |
|---|---|---|---|---|
| FREED MAXICK, 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 | $78,276 | — | — | — | — |
| 2023 | $75,772 | — | — | — | — |
| 2022 | $79,531 | $54,660 | $24,871 | — | — |