Plan Ledger DOL Form 5500 · updated monthly

Crescent Bank & Trust401(k)

CRESCENT BANK & TRUST RETIREMENT SAVINGS PLAN · METAIRIE, LA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Crescent Bank & Trust reported $36,874 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,677 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 0.10% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 229th-largest of 884 plans among Louisiana employers on file, and 2,824th of 4,798 in finance & insurance. In 2024, employees put in $3.93 for every $1.00 the employer contributed; active participation has shrunk from 415 to 291 since 2022.

Plan summary
Net assets, end of year$23,025,578
Participants with balances413
Active participants291
Employer contributions$488,056
Employee contributions$1,917,544
Employer contribution per active participant$1,677
Average account balance$55,752
Benefits paid to participants$4,196,529
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 413 accts · $488K emplr
2023$21.3M · 468 accts · $801K emplr
2022$17.2M · 526 accts · $655K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,137
Investment management$5,612
Audit (IQPA)$20,125
Total administrative$36,874
The Crescent Bank & Trust 401(k) match · 2024
Employer contribution per active participant$1,677
Median for plans this size$2,416
2024$1,677 per active participant
2023$2,662 per active participant
2022$1,578 per active participant

Crescent Bank & Trust's 2024 employer contribution ran below the $2,416 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 · 20244
CROWE LLP · Accounting / audit$13,125
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,137
CRI · Accounting / audit$7,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,612

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$36,874 · 0.17%
2023$23,035 · 0.12%
2022$19,669 · 0.10%
Same employer
Similar plansFinance & Insurance · Louisiana
Pelican State Credit Union LA$25.4M · 0.75%
Bonvenu Bancorp, Inc. LA$24.0M · 0.17%
Sn Servicing Corporation LA$23.9M · 0.09%
Campus Federal Credit Union LA$23.2M · 0.41%
Home Bancorp, Inc. LA$22.3M · 0.00%
Gulf Coast Bank LA$20.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721195686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.