Plan Ledger DOL Form 5500 · updated monthly

Can-Usa, Inc.401(k)

CAN-USA, INC. 401(K) RETIREMENT PLAN · HARVEY, LA · plan year 2024

Reported admin expense ratio · 2024
0.42%

Can-Usa, Inc. reported $10,625 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. 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 rose from 0.04% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Louisiana (713th of 884), and 10,590th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,855,692
Participants with balances112
Active participants169
Employer contributions—
Employee contributions$516,096
Employer contribution per active participant—
Average account balance$25,497
Benefits paid to participants$153,776
Plan auditUnmodified (clean) audit opinion
AuditorWEGMANN DAZET
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 112 accts
2023$2.2M · 105 accts
2022$2.4M · 101 accts
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 · 20241
AMERICAN TRUST COMPANY · Contract administrator · Recordkeeping$10,625

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$10,625 · 0.42%
2023$1,795 · 0.08%
2022$975 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Louisiana
Ballard Brands, LLC LA$3.4M · 0.46%
Proof Media Mix LLC LA$3.1M · 0.33%
Champion Management LA$2.4M · 0.33%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 721381707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.