Plan Ledger DOL Form 5500 · updated monthly

Crescent City Schools401(k)

CRESCENT CITY SCHOOLS 401(K) PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Crescent City Schools reported $78,824 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,993 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 0.69% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 310th-largest of 884 plans among Louisiana employers on file, and 1,753rd of 3,091 in educational services. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 390 to 453 since 2022.

Plan summary
Net assets, end of year$16,237,645
Participants with balances687
Active participants453
Employer contributions$903,055
Employee contributions$1,248,004
Employer contribution per active participant$1,993
Average account balance$23,636
Benefits paid to participants$1,312,312
Plan auditUnmodified (clean) audit opinion
AuditorERICKSEN KRENTEL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 687 accts · $903K emplr
2023$13.4M · 672 accts · $883K emplr
2022$10.8M · 610 accts · $740K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,824
Total administrative$78,824
The Crescent City Schools 401(k) match · 2024
Employer contribution per active participant$1,993
Median for plans this size$2,416
2024$1,993 per active participant
2023$2,029 per active participant
2022$1,896 per active participant

Crescent City Schools'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 · 20242
THE HASLAUER GROUP, INC · Recordkeeping$20,970
LINCOLN NATIONAL CORPORATION · Contract administrator$57,854

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

Recordkeeper by year2
2024THE HASLAUER GROUP, INC
2023THE HASLAUER GROUP, INC

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

Administrative cost history3
2024$78,824 · 0.53%
2023$50,346 · 0.42%
2022$69,562 · 0.69%
Same employer
Similar plansEducational Services · Louisiana
Isidore Newman School LA$33.2M · 0.08%
Dillard University LA$17.6M · 0.03%
Collegiate Academies LA$12.8M · 1.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272811737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.