Plan Ledger DOL Form 5500 · updated monthly

Crossroads Louisiana Inc401(k)

CROSSROADS LOUISIANA INC 40(K) PROFIT SHARING PLAN & TRUST · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Crossroads Louisiana Inc reported $6,347 in plan administrative expenses for 2024: 0.77% of average plan assets, below the peer median. Employer contributions averaged $194 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 0.64% to 0.77%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (823rd of 884), and 10,991st of 11,911 in health care & social assistance. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has shrunk from 174 to 155 since 2022.

Plan summary
Net assets, end of year$893,994
Participants with balances105
Active participants155
Employer contributions$30,136
Employee contributions$44,977
Employer contribution per active participant$194
Average account balance$8,514
Benefits paid to participants$29,175
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$894K · 105 accts · $30K emplr
2023$746K · 112 accts · $32K emplr
2022$595K · 178 accts · $31K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,255
Investment management$3,232
Trustee / custodial$860
Total administrative$6,347
The Crossroads Louisiana Inc 401(k) match · 2024
Employer contribution per active participant$194
Median for plans this size$540
2024$194 per active participant
2023$228 per active participant
2022$179 per active participant

Crossroads Louisiana Inc's 2024 employer contribution ran below the $540 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.

Administrative cost history3
2024$6,347 · 0.77%
2023$9,114 · 1.36%
2022$3,776 · 0.64%
Similar plansHealth Care & Social Assistance · Louisiana
Options, Inc LA$1.1M · 0.08%
Larc, Inc. LA$962K · 0.32%
Woodlake Management, LLC LA$687K · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720933181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.