Retirement plan

INSTRUMENTATION LABORATORY SAVINGS PLAN

Name: INSTRUMENTATION LABORATORY - INSTRUMENTATION LABORATORY SAVINGS PLAN (2018) Form 5500
Creator: INSTRUMENTATION LABORATORY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INSTRUMENTATION LABORATORY SAVINGS PLAN, INSTRUMENTATION LABORATORY

INSTRUMENTATION LABORATORYEIN 02-0448199Plan #002PY 2018

180 HARTWELL ROAD - BEDFORD, MA 01730781-861-4261LinkedIn1001-5000 employees

Other plans on this EIN

1 filing

#001Retirement-$36.9M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$230.5M

-11.2% from 2016

Total participants

1,770

-7.6% from 2016

Average account balance

$148,323

-2.3% from 2016

Annual return

-2.30%

-4.15 pp from 2016

Benchmarks

See 831 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort831 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$537.61M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$191K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,811

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

76.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.24%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$76

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC4+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$82,903
ARDITO, TOSCANO & MCCOLLUM, PC1 year Filed as: ARDITO, TOSCANO & MCCULLUM, P.C. Service code 10 40 BAYFEILD DRIVE · NORTH ANDOVER, MA 01845	Accounting	$29,717
P-SOLVE3 years Filed as: P-SOLVE LLC Service code 16 200 WEST STREET · WALTHAM, MA 02451	Consulting	$9,525
RIVER AND MERCANTILE LLC1 year Service code 16 130 TURNER ST · WALTHAM, MA 02453	Consulting	$8,500

Plan features & details

Pension benefit codes2E2F2G2J2K3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$131K

$91 / participant

Other / not subdivided$131K100.0%

% of EOY assets

0.057%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ARDITO, TOSCANO & MCCOLLUM, PC
Auditor EIN: 042774968
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$148,323

$78,852+88.1%

$76,768+93.2%

$75,289+97.0%

Participation rate

85.1%

85.0%+0.1pp

77.0%+8.1pp

72.4%+12.6pp

Annual return

-2.30%

-1.29%-1.0pp

2.43%-4.7pp

-0.04%-2.3pp

Employer contribution / active EE

$5,217

$2,794+86.7%

$2,485+109.9%

$2,405+116.9%

Participant deferral / active EE

$8,701

$4,800+81.3%

$3,852+125.9%

$3,739+132.7%

Admin fee / account holder

$85

$79+7.1%

$6,676-98.7%

$102-17.3%

Provider

Service type

Compensation

T ROWE PRICE RPS INC4+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$82,903

ARDITO, TOSCANO & MCCOLLUM, PC1 year

Filed as: ARDITO, TOSCANO & MCCULLUM, P.C.

Service code 10

40 BAYFEILD DRIVE · NORTH ANDOVER, MA 01845

Accounting

$29,717

P-SOLVE3 years

Filed as: P-SOLVE LLC

Service code 16

200 WEST STREET · WALTHAM, MA 02451

Consulting

$9,525

RIVER AND MERCANTILE LLC1 year

Service code 16

130 TURNER ST · WALTHAM, MA 02453

Consulting

$8,500

INSTRUMENTATION LABORATORY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INSTRUMENTATION LABORATORY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion