Plan Ledger DOL Form 5500 · updated monthly

Citadel Completions LLC401(k)

CITADEL COMPLETIONS 401(K) PLAN · LAKE CHARLES, LA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Citadel Completions LLC reported $11,085 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,117 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 0.20% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Louisiana (523rd of 884), and 1,373rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 157 to 194 since 2022.

Plan summary
Net assets, end of year$7,271,176
Participants with balances223
Active participants194
Employer contributions$604,674
Employee contributions$1,260,955
Employer contribution per active participant$3,117
Average account balance$32,606
Benefits paid to participants$1,373,755
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 223 accts · $605K emplr
2023$5.7M · 209 accts · $505K emplr
2022$4.2M · 189 accts · $482K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,894
Investment management$3,191
Total administrative$11,085
The Citadel Completions LLC 401(k) match · 2024
Employer contribution per active participant$3,117
Median for plans this size$1,313
2024$3,117 per active participant
2023$2,806 per active participant
2022$3,068 per active participant

Citadel Completions LLC's 2024 employer contribution ran above the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,894

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$11,085 · 0.17%
2023$10,514 · 0.21%
2022$8,766 · 0.20%
Same employer
Similar plansTransportation & Warehousing · Louisiana
Odyssea Marine, Inc LA$9.1M · 0.79%
D & S Marine Service, LLC LA$7.1M · 0.47%
Chem Carriers, LLC LA$6.7M · 0.40%
L&B Holdings, L.L.C. LA$6.7M · 0.65%
Port Ship Service, Inc. LA$6.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 901257221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.