Plan Ledger DOL Form 5500 · updated monthly

Akm, LLC401(k)

AKM, LLC EMPLOYEES SAVINGS PLAN AND TRUST · PRAIRIEVILLE, LA · plan year 2023

Reported admin expense ratio · 2023
0.02%

Akm, LLC reported $945 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio fell from 0.021% to 0.017%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Louisiana (564th of 884), and 3,775th of 5,337 in construction.

Plan summary
Net assets, end of year$6,005,775
Participants with balances99
Active participants116
Employer contributions—
Employee contributions$182,544
Employer contribution per active participant—
Average account balance$60,664
Benefits paid to participants$381,024
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$6.0M · 99 accts
2022$5.4M · 107 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$450
Investment management$445
Total administrative$945
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$722

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

Administrative cost history2
2023$945 · 0.02%
2022$1,261 · 0.02%
Same employer
Similar plansConstruction · Louisiana
Mike Hooks, L.L.C. LA$6.6M · 0.85%
Westgate, LLC. LA$6.3M · 0.02%
Beverly Industries, LLC LA$5.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721006349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.