College of American Pathologists 401(k) Review & Grade
College of American Pathologists Employee's Retirement and 401(k) Plan
Northfield, ILOther Services758 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$10,530Employer $ per active participant
$11,918Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$300.1MNet plan assets, end of year
$312,979Average balance per account
Score breakdown
- Employer generosity48.9 / 5098th percentile for employer $ per participant
- Low cost23.5 / 2594th percentile for low admin cost vs. same-size plans
- Employee saving14.7 / 1598th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score90 / 100 · Grade A
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 94th |
| Employee saving | 98th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- College of American Pathologists put in about $10,530 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $7,981,909 |
| Participant (employee) contributions | $9,033,682 |
| Other contributions (incl. rollovers in) | $2,726,028 |
| Administrative expenses paid from the plan | $74,020 |
| Contract administrator fees | $300 |
| Benefits paid out | $34,017,077 |
| Net assets, start / end of year | $277.8M / $300.1M |
| Active participants, start / end of year | 752 / 764 |
| Participants with account balances | 959 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ernst and Young |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | −$18,954 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250730100214NAL0001822083001, received 2025-07-30, EIN 36-2118323, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.