Plan Ledger DOL Form 5500 · updated monthly

Champion Management401(k)

CHAMPION MANAGEMENT 401(K) PLAN · ZACHARY, LA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Champion Management reported $7,682 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $689 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 0.21% to 0.33%. 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 (733rd of 884), and 10,735th of 11,654 in professional & technical services. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 268 to 300 since 2022.

Plan summary
Net assets, end of year$2,422,184
Participants with balances175
Active participants300
Employer contributions$206,572
Employee contributions$270,723
Employer contribution per active participant$689
Average account balance$13,841
Benefits paid to participants$484,603
Plan auditUnmodified (clean) audit opinion
AuditorKUSHNER LAGRAIZE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 175 accts · $207K emplr
2023$2.2M · 166 accts · $159K emplr
2022$1.8M · 160 accts · $153K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,682
Total administrative$7,682
The Champion Management 401(k) match · 2024
Employer contribution per active participant$689
Median for plans this size$1,313
2024$689 per active participant
2023$627 per active participant
2022$570 per active participant

Champion Management's 2024 employer contribution ran below the $1,313 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 · 20243
THE HASLAUER GROUP, INC · Contract administrator$6,500
EMPOWER ADVISORY GROUP, LLC · Investment management$101

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$7,682 · 0.33%
2023$5,820 · 0.30%
2022$4,820 · 0.21%
Similar plansProfessional & Technical Services · Louisiana
Proof Media Mix LLC LA$3.1M · 0.33%
Can-Usa, Inc. LA$2.9M · 0.42%
HR Solutions, LLC LA$2.0M · 0.81%
Emergent Method LLC LA$1.8M · 0.63%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 208177639 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.