Plan Ledger DOL Form 5500 · updated monthly

Cgb Enterprises, Inc.401(k)

CGB ENTERPRISES, INC. 401(K) RETIREMENT SAVINGS PLAN · COVINGTON, 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

Cgb Enterprises, Inc. reported $433,458 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,832 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 rose from 0.12% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 20th-largest of 884 plans among Louisiana employers on file, and the 145th of 4,246 in wholesale trade. In 2024, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$335,258,756
Participants with balances2,320
Active participants1,647
Employer contributions$12,899,697
Employee contributions$13,391,705
Employer contribution per active participant$7,832
Average account balance$144,508
Benefits paid to participants$47,676,547
Plan auditUnmodified (clean) audit opinion
AuditorBOURGEOIS BENNETT, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$335.3M · 2,320 accts · $12.9M emplr
2023$316.8M · 2,416 accts · $11.6M emplr
2022$291.5M · 2,384 accts · $11.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$168,058
Investment management$1,369
Total administrative$433,458
The Cgb Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$7,832
Median for plans this size$4,294
2024$7,832 per active participant
2023$7,299 per active participant
2022$7,385 per active participant

Cgb Enterprises, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 20244
INSTITUTIONAL INVESTMENT CONSULTING$157,000
BOURGEOIS BENNETT LLC$17,000
ADVISED ASSETS GROUP, LLC · Investment management$1,369

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$433,458 · 0.13%
2023$281,683 · 0.09%
2022$378,977 · 0.12%
Same employer
Similar plansWholesale Trade · Louisiana
Scp Distributors, LLC LA$436.0M · 0.08%
Tempur-Pedic Management, LLC KY$328.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721239162 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.