Plan Ledger DOL Form 5500 · updated monthly

Community Academies of New Orleans401(k)

COMMUNITY ACADEMIES 401(K) RETIREMENT SAVINGS PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
1.41%

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

Community Academies of New Orleans reported $52,679 in plan administrative expenses for 2024: 1.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,491 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 0.49% to 1.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Louisiana (662nd of 884), and 2,640th of 3,091 in educational services. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has shrunk from 195 to 109 since 2022.

Plan summary
Net assets, end of year$3,746,831
Participants with balances206
Active participants109
Employer contributions$162,485
Employee contributions$198,204
Employer contribution per active participant$1,491
Average account balance$18,189
Benefits paid to participants$754,603
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 206 accts · $162K emplr
2023$3.7M · 163 accts · $175K emplr
2022$3.5M · 186 accts · $172K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,679
Total administrative$52,679
The Community Academies of New Orleans 401(k) match · 2024
Employer contribution per active participant$1,491
Median for plans this size$1,313
2024$1,491 per active participant
2023$1,485 per active participant
2022$882 per active participant

Community Academies of New Orleans's 2024 employer contribution ran above 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 · 20241
JOHN HANCOCK · Recordkeeping · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$52,679 · 1.41%
2023$40,684 · 1.14%
2022$16,724 · 0.49%
Same employer
Similar plansEducational Services · Louisiana
Alliance Safety Council LA$10.8M · 0.12%
Belle Chasse Academy Inc. LA$8.6M · 0.09%
Bricolage Academy LA$3.4M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842902432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.