Plan Ledger DOL Form 5500 · updated monthly

All Star Electric, Inc.401(k)

ALL STAR FAMILY 401(K) PLAN · LAPLACE, LA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

All Star Electric, Inc. reported $9,126 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,982 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 0.07% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 279th-largest of 884 plans among Louisiana employers on file, and the 2,172nd of 5,337 in construction. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 301 to 341 since 2022.

Plan summary
Net assets, end of year$18,087,084
Participants with balances295
Active participants341
Employer contributions$675,858
Employee contributions$1,113,121
Employer contribution per active participant$1,982
Average account balance$61,312
Benefits paid to participants$614,850
Plan auditUnmodified (clean) audit opinion
AuditorBOURGEOIS BENNETT LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 295 accts · $676K emplr
2023$14.8M · 297 accts · $616K emplr
2022$12.2M · 291 accts · $546K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,406
Total administrative$9,126
The All Star Electric, Inc. 401(k) match · 2024
Employer contribution per active participant$1,982
Median for plans this size$2,416
2024$1,982 per active participant
2023$1,950 per active participant
2022$1,814 per active participant

All Star Electric, Inc.'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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,406
HANCOCK WHITNEY BANK · Investment advisory (participants)$40,585

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$9,126 · 0.06%
2023$8,521 · 0.06%
2022$10,115 · 0.07%
Same employer
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Nvi, LLC LA$21.2M · 0.49%
Bld Services. LLC LA$20.3M · 0.05%
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Gallo Mechanical, LLC LA$16.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721498660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.