Plan Ledger DOL Form 5500 · updated monthly

Bonvenu Bancorp, Inc.401(k) + ESOP (KSOP)

CITIZENS NATIONAL BANCSHARES OF BOSSIER, INC EMPLOYEE STOCK OWNERSHIP PLAN · BOSSIER CITY, LA · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Bonvenu Bancorp, Inc. reported $41,437 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $2,178 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 0.17% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 219th-largest of 884 plans among Louisiana employers on file, and 2,762nd of 4,798 in finance & insurance. In 2022, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,983,202
Participants with balances245
Active participants199
Employer contributions$433,389
Employee contributions$974,640
Employer contribution per active participant$2,178
Average account balance$97,891
Benefits paid to participants$1,456,278
Plan auditUnmodified (clean) audit opinion
AuditorHEARD, MCELROY & VESTAL CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 223 accts · $332K emplr
2023$22.3M · 227 accts · $303K emplr
2022$24.0M · 245 accts · $433K emplr
The Bonvenu Bancorp, Inc. 401(k) match · 2022
Employer contribution per active participant$2,178
Median for plans this size$2,266
2024$1,758 per active participant
2023$1,628 per active participant
2022$2,178 per active participant

Bonvenu Bancorp, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024FUTUREPLAN
2023FUTUREPLAN

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$102,761 · 0.46%
2023$95,926 · 0.41%
2022$41,437 · 0.17%
Same employer
Similar plansFinance & Insurance · Louisiana
Gmfs, LLC LA$32.4M · 0.33%
Pelican State Credit Union LA$25.4M · 0.75%
Sn Servicing Corporation LA$23.9M · 0.09%
Campus Federal Credit Union LA$23.2M · 0.41%
Crescent Bank & Trust LA$23.0M · 0.17%
Home Bancorp, Inc. LA$22.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721296111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.