Retirement plan

LABCONCO CORPORATION PROFIT SHARING PLAN

Name: LABCONCO CORPORATION - LABCONCO CORPORATION PROFIT SHARING PLAN (2024) Form 5500
Creator: LABCONCO CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LABCONCO CORPORATION PROFIT SHARING PLAN, LABCONCO CORPORATION

LABCONCO CORPORATIONEIN 44-0319750Plan #001PY 2024

8811 PROSPECT AVENUE - KANSAS CITY, MO 641322663816-333-8811labconco.comLinkedIn201-500 employeesbiotechnology

Other plans on this EIN

1 filing

#003Retirement-$4.7M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$61.9M

+6.1% from 2023

Total participants

303

-1.9% from 2023

Average account balance

$209,208

+8.6% from 2023

Annual return

15.75%

-3.85 pp from 2023

Benchmarks

See 4,104 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,104 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$61.93M

Not enough data

1 years with asset history on file

Average account balance

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

$209K

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.

296

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.58M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+15.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$196

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 2 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH7 years Service code 15 · EIN 13-5674085	Recordkeeping	$34,864
ATLANTA CAPITAL MANAGEMENT6 years Filed as: ATLANTA CONSULTING GROUP Service code 16 · EIN 81-5358976	Consulting	$23,057

Plan features & details

Pension benefit codes2E2F2G2J

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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$58K

$253 / participant

Recordkeeping$35K60.2%
Other / not subdivided$23K39.8%

% of EOY assets

0.094%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$209,208

$79,184+164.2%

$102,438+104.2%

$74,546+180.6%

Participation rate

96.9%

74.8%+22.2pp

76.5%+20.4pp

67.2%+29.7pp

Annual return

15.75%

54.95%-39.2pp

29.37%-13.6pp

1366.03%-1350.3pp

Employer contribution / active EE

$8,319

$2,362+252.2%

$3,024+175.1%

$2,624+217.0%

Participant deferral / active EE

$7,296

$4,414+65.3%

$5,054+44.4%

$4,347+67.8%

Admin fee / account holder

$196

$2,001-90.2%

$9,448-97.9%

$1,944-89.9%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH7 years

Service code 15 · EIN 13-5674085

Recordkeeping

$34,864

ATLANTA CAPITAL MANAGEMENT6 years

Filed as: ATLANTA CONSULTING GROUP

Service code 16 · EIN 81-5358976

Consulting

$23,057

LABCONCO CORPORATION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LABCONCO CORPORATION PROFIT SHARING 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