Plan Ledger DOL Form 5500 · updated monthly

Afs, LLC401(k)

AFS, LLC 401(K) PLAN · SHREVEPORT, LA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Afs, LLC reported $41,490 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,745 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 0.35% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 285th-largest of 884 plans among Louisiana employers on file, and the 814th of 2,677 in transportation & warehousing. In 2024, employees put in $3.16 for every $1.00 the employer contributed; active participation has shrunk from 373 to 262 since 2022.

Plan summary
Net assets, end of year$17,711,623
Participants with balances279
Active participants262
Employer contributions$457,075
Employee contributions$1,446,576
Employer contribution per active participant$1,745
Average account balance$63,483
Benefits paid to participants$1,926,246
Plan auditUnmodified (clean) audit opinion
AuditorCARR RIGGS & INGRAM
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 279 accts · $457K emplr
2023$15.6M · 300 accts · $532K emplr
2022$13.1M · 291 accts · $508K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,490
Total administrative$41,490
The Afs, LLC 401(k) match · 2024
Employer contribution per active participant$1,745
Median for plans this size$2,416
2024$1,745 per active participant
2023$1,970 per active participant
2022$1,363 per active participant

Afs, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,490
GALLAGHER BENEFIT SERVICES, INC. · Consulting · Investment advisory (plan)$10,000

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

Administrative cost history3
2024$41,490 · 0.25%
2023$29,932 · 0.21%
2022$50,136 · 0.35%
Same employer
Similar plansTransportation & Warehousing · Louisiana
Lebeouf Bros. Towing, LLC LA$24.7M · 0.05%
Terral Riverservice Inc. LA$23.6M · 0.36%
Crosby Tugs LLC LA$21.5M · 0.34%
Accutrans, LLC LA$15.9M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721130766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.