Plan Ledger DOL Form 5500 · updated monthly

Compass Health, LLC401(k)

COMPASS HEALTH, LLC 401(K) PLAN · CROWLEY, LA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Compass Health, LLC reported $30,159 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $82 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 0.58% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (490th of 884), and 6,366th of 11,911 in health care & social assistance. In 2024, employees put in $10.20 for every $1.00 the employer contributed; active participation has grown from 388 to 467 since 2022.

Plan summary
Net assets, end of year$8,199,030
Participants with balances238
Active participants467
Employer contributions$38,213
Employee contributions$389,752
Employer contribution per active participant$82
Average account balance$34,450
Benefits paid to participants$562,106
Plan auditUnmodified (clean) audit opinion
AuditorDARNALL SIKES & FREDERICK
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 238 accts · $38K emplr
2023$7.5M · 217 accts · $4K emplr
2022$7.6M · 261 accts · $108K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,159
Total administrative$30,159
The Compass Health, LLC 401(k) match · 2024
Employer contribution per active participant$82
Median for plans this size$1,313
2024$82 per active participant
2023$13 per active participant
2022$278 per active participant

Compass Health, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
RETIREMENT STRATEGIES GROUP, LLC · Contract administrator$13,805

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$30,159 · 0.38%
2023$30,111 · 0.40%
2022$50,735 · 0.58%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
Regional Urology, LLC LA$9.0M · 0.64%
Teche Action Board Inc. LA$8.0M · 0.60%
The Therapy Center of Jdp LA$7.8M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203861124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.