401(k) · DOL Form 5500 · 2023
Laboratory Corporation of America Holdings 401(k) Plan
Data updated 2026-08-06
- $3.9B
- Total assets
- 50,826
- Participants
- 100th
- Percentile by assets
- $76,398
- Avg per participant
Official DOL plan name: Laboratory Corporation of America Holdings 401(k) Savings Plan · Sponsored by Laboratory Corporation of America Holdings · North Carolina · Healthcare & Social Assistance
$3.9B in assets, 50,826 participants
Laboratory Corporation of America Holdings's Laboratory Corporation of America Holdings 401(k) Savings Plan reported $3.9B in total assets and 50,826 participants in its 2023 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 100th percentile by assets (of 126,618 plans)
- #17,585 in Healthcare & Social Assistance (17,626 peers)
Coverage in North Carolina
Laboratory Corporation of America Holdings 401(k) Savings Plan covers 50,826 participants in North Carolina, 60x the typical North Carolina plan (state average ~846 per filing). Assets: $3.9B.
- $3.9B
- total plan assets (2023 EOY)
- 50,826
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $76,398
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Laboratory Corporation of America Holdings 401(k) Savings Plan reported net income rose from -$770M in the plan year 2022 filing to $640M in the plan year 2023 filing.
- Laboratory Corporation of America Holdings 401(k) Savings Plan reported participants rose from 46,162 in the plan year 2022 filing to 50,826 in the plan year 2023 filing.
- Laboratory Corporation of America Holdings 401(k) Savings Plan end-of-year assets rose from $3.7B in the plan year 2022 filing to $3.9B in the plan year 2023 filing.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 846 participants across 3,325 plans. Laboratory Corporation of America Holdings 401(k) Savings Plan reports 50,826 participants - 60x that state average ($3.9B EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $3.7B |
|---|---|
| Net Assets (End of Year) | $3.9B |
| Net Income | $640M |
| Employer EIN | 133757370 |
| Plan Effective Date | 1992-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Laboratory Corporation of America Holdings)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 53,675 | $3.9B |
| 2023 | 2 | 57,798 | $4.1B |
| 2024 | 2 | 57,250 | $4.7B |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Laboratory Corporation of America Holdings 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
Scale composition for Laboratory Corporation of America Holdings 401(k) Savings Plan
Laboratory Corporation of America Holdings 401(k) Savings Plan reports $3.9B in end-of-year assets across 50,826 participants (0.033% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.057% of 89,805,449 covered participants) - about $76,398 per participant (56% of the national average assets-per-participant) . Net income for plan year 2023 was $640M.
This plan identity (EIN 133757370, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.7B to $4.5B (+20.9%) while covered participants moved from 46,162 to 47,710 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 46,162 | $3.7B | Open filing |
| 2023 | 50,826 | $3.9B | This page |
| 2024 · index core | 47,710 | $4.5B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Laboratory Corporation of America Holdings 401(k) Savings Plan (401(k), $4.5B, 47,710 participants)
- Laboratory Corporation of America Holdings Cash Balance Retirement Plan (Defined Benefit (Pension), $196M, 9,540 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Laboratory Corporation of America Holdings 401(k) Savings Plan by total assets, not by location.
- Analog Devices, Inc. the Investment Partnership Plan (MA) $3.9B · 6,716
- Koch Employees' Savings Plan (KS) $3.9B · 11,911
- St. Joseph and Covenant Health Systems 401(k) Plan (WA) $3.9B · 28,968
- Iu Health 401(k) Savings Plan (IN) $3.9B · 38,575
Frequently Asked Questions
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Filing takeaways
Ways to act on Laboratory Corporation of America Holdings 401(k) Savings Plan's numbers.
- By total assets, Laboratory Corporation of America Holdings 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Laboratory Corporation of America Holdings's sponsor-wide assets have grown 18.9% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans