Plan Ledger DOL Form 5500 · updated monthly

Alma Plantation, LLC401(k)

ALMA PLANTATION PROFIT SHARING 401(K) PLAN · LAKELAND, LA · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Alma Plantation, LLC reported $41,709 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,075 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 has held roughly steady near 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Louisiana (504th of 884), and 523rd of 945 in agriculture, forestry & fishing. In 2023, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,822,744
Participants with balances91
Active participants150
Employer contributions$311,176
Employee contributions$482,941
Employer contribution per active participant$2,075
Average account balance$85,964
Benefits paid to participants$496,887
Plan auditUnmodified (clean) audit opinion
AuditorERICKSEN KRENTEL LLP
Plan history2
Yearassets · accounts · employer contribution
2023$7.8M · 91 accts · $311K emplr
2022$6.9M · 91 accts · $288K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,029
Investment management$33,560
Trustee / custodial$5,377
Total administrative$41,709
The Alma Plantation, LLC 401(k) match · 2023
Employer contribution per active participant$2,075
Median for plans this size$1,308
2023$2,075 per active participant
2022$1,897 per active participant

Alma Plantation, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
BOK FINANCIAL ASSET MANAGEMENT, INC · Recordkeeping · Pension consulting$38,658
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee$3,051

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$41,709 · 0.56%
2022$41,423 · 0.58%
Similar plansAgriculture, Forestry & Fishing · Louisiana
Westbank Fishing, LLC. LA$10.6M · 0.44%
Bidart Bros. CA$8.0M · 0.56%
Rivermaid Trading Company CA$7.9M · 0.54%
Robinson Enterprises Inc CA$7.7M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720116840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.