Retirement plan

IDAHO LABORATORIES CORPORATION 401K

Name: IDAHO LABORATORIES CORP - IDAHO LABORATORIES CORPORATION 401K (2023) Form 5500
Creator: IDAHO LABORATORIES CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IDAHO LABORATORIES CORPORATION 401K, IDAHO LABORATORIES CORP

IDAHO LABORATORIES CORPEIN 82-0351973Plan #001PY 2023

2101 HEMMERT AVE. - IDAHO FALLS, ID 834011646208-522-0055idaholabs.comLinkedIn1-10 employeesmechanical or industrial engineering

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.1M

+19.3% from 2022

Total participants

+10.0% from 2022

Average account balance

$245,443

+16.4% from 2022

Annual return

17.97%

+35.32 pp from 2022

Benchmarks

See 14,456 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,456 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.80M

Not enough data

1 years with asset history on file

Average account balance

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

$356K

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.

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.

116.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$511K

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

+8.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13490

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$439K

$12552 / participant

Other / not subdivided$439K100.0%

% of EOY assets

4.365%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$245,443

$80,992+203.0%

$96,534+154.3%

$75,173+226.5%

Participation rate

91.4%

71.8%+19.6pp

76.0%+15.4pp

67.2%+24.2pp

Annual return

17.97%

27.05%-9.1pp

25.88%-7.9pp

160.72%-142.7pp

Employer contribution / active EE

$8,347

$2,283+265.7%

$2,965+181.5%

$2,671+212.5%

Participant deferral / active EE

$7,496

$3,929+90.8%

$4,851+54.5%

$4,126+81.7%

Admin fee / account holder

$10,715

$6,717+59.5%

$8,253+29.8%

$5,651+89.6%

IDAHO LABORATORIES CORPORATION 401K

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IDAHO LABORATORIES CORPORATION 401K

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