Plan Snapshot
- Plan Sponsor: Laboratory Corporation Of America Holdings
- Sponsor EIN: 133757370
- Sponsor Address: 531 SOUTH SPRING STREET, BURLINGTON, NC, 27215
- Plan Type: DB
- Total Participants: 6,036
- Total Assets: $196.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,036 | $196.4M | $0 | $0 |
| 2023 | 6,540 | $207.2M | $10.2M | $0 |
| 2022 | 6,972 | $228.6M | $0 | $0 |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON LLC | ACTUARIAL/RECORDKEEPING | $1,569,389 | — | $1,569,389 |
| NISA INVESTMENT ADVISORS LLC | INVESTMENT MANAGEMENT | $264,320 | — | $264,320 |
| CAPTRUST FINANCIAL ADVISORS | INVESTMENT MANAGEMENT | $114,384 | — | $114,384 |
| PRINCIPAL | TRUSTEE | $71,786 | — | $71,786 |
| EISNERAMPER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON LLC — ACTUARIAL/RECORDKEEPING
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,019,879
- Estimated Expense Ratio: 1.028% 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 | $2,883,085 | $706,184 | — | — | — |
| 2023 | $5,691,635 | $388,374 | — | — | — |
| 2022 | $3,284,769 | $495,878 | — | — | $1,738,523 |