Plan Ledger DOL Form 5500 · updated monthly

Crescent City Physicians, Inc.401(k)

LCMC CLINICS 401(K) RETIREMENT SAVINGS PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Crescent City Physicians, Inc. reported $94,021 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $2,057 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 0.12% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 83rd-largest of 884 plans among Louisiana employers on file, and the 1,342nd of 11,911 in health care & social assistance. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 402 to 769 since 2022.

Plan summary
Net assets, end of year$76,174,035
Participants with balances580
Active participants769
Employer contributions$1,581,501
Employee contributions$2,876,529
Employer contribution per active participant$2,057
Average account balance$131,335
Benefits paid to participants$6,524,604
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.2M · 580 accts · $1.6M emplr
2023$54.4M · 492 accts · $1.3M emplr
2022$45.2M · 458 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,607
Investment management$9,414
Total administrative$94,021
The Crescent City Physicians, Inc. 401(k) match · 2024
Employer contribution per active participant$2,057
Median for plans this size$3,635
2024$2,057 per active participant
2023$2,863 per active participant
2022$2,935 per active participant

Crescent City Physicians, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$84,607
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,414

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$94,021 · 0.14%
2023$68,691 · 0.14%
2022$60,204 · 0.12%
Similar plansHealth Care & Social Assistance · Louisiana
Highland Clinic, a P.M.C. LA$86.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721269878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.