Plan Ledger DOL Form 5500 · updated monthly

Adriatic Marine, L.L.C.401(k)

ADRIATIC MARINE, L.L.C. 401(K) RETIREMENT SAVINGS PLAN · RACELAND, LA · plan year 2024

Reported admin expense ratio · 2024
0.47%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Adriatic Marine, L.L.C. reported $17,828 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $2,429 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.56% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Louisiana (637th of 884), and 2,423rd of 3,341 in other services. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 102 to 135 since 2022.

Plan summary
Net assets, end of year$4,286,367
Participants with balances156
Active participants135
Employer contributions$327,903
Employee contributions$676,039
Employer contribution per active participant$2,429
Average account balance$27,477
Benefits paid to participants$437,119
Plan auditUnmodified (clean) audit opinion
AuditorWEGMANN DAZET, APC
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 156 accts · $328K emplr
2023$3.3M · 129 accts · $309K emplr
2022$2.3M · 107 accts · $224K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,671
Investment management$8,157
Total administrative$17,828
The Adriatic Marine, L.L.C. 401(k) match · 2024
Employer contribution per active participant$2,429
Median for plans this size$1,313
2024$2,429 per active participant
2023$2,534 per active participant
2022$2,197 per active participant

Adriatic Marine, L.L.C.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$54,229
BEACON POINTE ADVISORS, LLC · Investment advisory (plan)$8,157

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$17,828 · 0.47%
2023$11,153 · 0.40%
2022$12,704 · 0.56%
Similar plansOther Services · Louisiana
Start Corporation LA$4.7M · 0.02%
Ohio Management, LLC LA$4.0M · 0.38%
The Arc Caddo-Bossier LA$3.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261162108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.