Plan Snapshot
- Plan Sponsor: Medical Diagnostic Laboratories,
- Sponsor EIN: 223510467
- Sponsor Address: 2439 KUSER ROAD, HAMILTON, NJ, 08690
- Plan Type: 401(k)
- Total Participants: 599
- Total Assets: $35.0M
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 | 599 | $35.0M | $830,725 | $2.1M |
| 2023 | 485 | $32.0M | $941,810 | $2.3M |
| 2022 | 500 | $28.1M | $933,534 | $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 |
|---|---|---|---|---|
| WELLS FARGO | N/A | $80,144 | — | $80,144 |
| ADP, INC. | RECORD KEEPER | $64,446 | — | $64,446 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,590
- Estimated Expense Ratio: 0.413% 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 | $144,590 | $80,144 | — | — | — |
| 2023 | $130,407 | $70,528 | — | — | — |
| 2022 | $132,533 | — | — | — | — |