Plan Ledger DOL Form 5500 · updated monthly

Bernhard, LLC401(k)

BERNHARD, LLC 401(K) PLAN · METAIRIE, LA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Bernhard, LLC reported $165,673 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,564 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 0.15% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 48th-largest of 884 plans among Louisiana employers on file, and the 470th of 5,337 in construction. In 2024, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$139,859,075
Participants with balances1,580
Active participants2,023
Employer contributions$5,186,325
Employee contributions$11,292,260
Employer contribution per active participant$2,564
Average account balance$88,518
Benefits paid to participants$12,923,536
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$139.9M · 1,580 accts · $5.2M emplr
2023$114.9M · 1,471 accts · $4.5M emplr
2022$91.7M · 1,437 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,581
Investment management$57,092
Total administrative$165,673
The Bernhard, LLC 401(k) match · 2024
Employer contribution per active participant$2,564
Median for plans this size$3,635
2024$2,564 per active participant
2023$2,484 per active participant
2022$1,758 per active participant

Bernhard, LLC's 2024 employer contribution ran below the $3,635 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$108,581
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$57,092

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$165,673 · 0.13%
2023$157,505 · 0.15%
2022$148,132 · 0.15%
Same employer
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Turner Industries Group, LLC LA$546.9M · 0.14%
Aptim Corp. LA$208.7M · 0.09%
Isc Group, LLC LA$174.1M · 0.15%
The Newtron Group, L.L.C. LA$117.9M · 0.17%
Boh Company, LLC LA$90.2M · 0.12%
Mmr Group, Inc. LA$85.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465737559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.