Plan Ledger DOL Form 5500 · updated monthly

Bensco of Louisiana, LLC401(k)

BENSCO OF LOUISIANA, L.L.C. 401(K) PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Bensco of Louisiana, LLC reported $32,289 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,029 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 0.59% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 325th-largest of 884 plans among Louisiana employers on file, and the 1,917th of 5,215 in retail trade. In 2024, employees put in $5.38 for every $1.00 the employer contributed; active participation has grown from 183 to 210 since 2022.

Plan summary
Net assets, end of year$14,871,956
Participants with balances249
Active participants210
Employer contributions$216,185
Employee contributions$1,164,030
Employer contribution per active participant$1,029
Average account balance$59,727
Benefits paid to participants$2,652,984
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 249 accts · $216K emplr
2023$14.5M · 245 accts · $209K emplr
2022$12.9M · 258 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,952
Investment management$7,337
Total administrative$32,289
The Bensco of Louisiana, LLC 401(k) match · 2024
Employer contribution per active participant$1,029
Median for plans this size$2,416
2024$1,029 per active participant
2023$960 per active participant
2022$1,092 per active participant

Bensco of Louisiana, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$24,952
GALLAGHER FIDUCIARY ADVISORS · Pension consulting$7,337
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$32,289 · 0.22%
2023$95,140 · 0.70%
2022$84,059 · 0.59%
Same employer
Similar plansRetail Trade · Louisiana
Bbp Sales, LLC LA$17.2M · 0.05%
Moody Price, LLC. LA$16.5M · 0.12%
Service Chevrolet, Inc. LA$16.4M · 0.03%
Banner of N.O., L.L.C. LA$14.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870694220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.