Plan Ledger DOL Form 5500 · updated monthly

Creel Brothers, Inc.401(k)

CREEL BROTHERS 401(K) PLAN · FRANKLINTON, LA · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

Creel Brothers, Inc. reported $16,272 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,093 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 1 year on file its reported administrative ratio rose from 0.71% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Louisiana (771st of 884), and 4,904th of 5,337 in construction. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,746,425
Participants with balances94
Active participants154
Employer contributions$168,292
Employee contributions$341,737
Employer contribution per active participant$1,093
Average account balance$18,579
Benefits paid to participants$86,700
Plan auditUnmodified (clean) audit opinion
AuditorHORNE LLP
Plan history2
Yearassets · accounts · employer contribution
2024$1.7M · 94 accts · $168K emplr
2023$1.2M · 110 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,766
Investment management$7,499
Total administrative$16,272
The Creel Brothers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,093
Median for plans this size$1,313
2024$1,093 per active participant
2023$1,043 per active participant

Creel Brothers, Inc.'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 · 20242
SECOND LINE CAPITAL, LLC · Investment advisory (participants)$7,499

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

Administrative cost history2
2024$16,272 · 1.12%
2023$8,197 · 0.71%
Similar plansConstruction · Louisiana
The Cajun Company, Inc LA$2.5M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721095784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.