Labcorp 401(k) match, vesting and fees
What Labcorp's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Inv. Institutional Ops Co | Schedule C ↗ |
| Independent auditor | Eisneramper LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 31 defined-contribution plans in health care and social assistance with 50,000 or more participants.
| Labcorp: employer contribution per participant | $1,765 | |
| Peer median | $1,711 |
| Labcorp: average balance | $66,909 | |
| Peer median | $88,270 |
| Labcorp: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.07% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $3.9B at the end of plan year 2023 to $4.5B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 67,355 | $4.5B | $118M | $1,765 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 64,443 | $3.9B | $113M | $1,759 | 0.09% | Not published | Form 5500 ↗ |
Other Labcorp plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Laboratory Corporation of America Holdings Cash Balance Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Eisneramper LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Labcorp match 401(k) contributions?
The match terms for the Laboratory Corporation of America Holdings 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $118M in employer contributions, about $1,765 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Labcorp 401(k) match vested?
The vesting schedule for the Laboratory Corporation of America Holdings 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Labcorp 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Inv. Institutional Ops Co. The plan administrator is Laboratory Corporation of America Holdings.
I left Labcorp. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Laboratory Corporation of America Holdings, (336) 222-7566) or the recordkeeper, Fidelity Inv. Institutional Ops Co. The Labcorp old 401(k) page lists the contacts from every plan filing. Find an old Labcorp 401(k)
Data from the public Form 5500 annual reports Labcorp filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Labcorp. Not financial advice. Report a correction · Methodology