Plan Snapshot
- Plan Sponsor: Labware Holdings, INC.
- Sponsor EIN: 510309786
- Sponsor Address: 3 MILL ROAD, WILMINGTON, DE, 19806
- Plan Type: DC
- Total Participants: 230
- Total Assets: $66.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 230 | $66.5M | $1.1M | $2.8M |
| 2023 | 236 | $56.6M | $1.0M | $2.7M |
| 2022 | 198 | $46.3M | $880,432 | $2.3M |
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 |
|---|---|---|---|---|
| RBC WEALTH MANAGEMENT | Other Service Provider | $120,765 | — | $120,765 |
| RW GROUP, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC WEALTH MANAGEMENT — Other Service Provider
- RW GROUP, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,765
- Estimated Expense Ratio: 0.182% 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 | $116,368 | — | $116,368 | — | — |
| 2023 | $98,006 | — | $98,006 | — | — |
| 2022 | $95,252 | — | — | — | $95,252 |