Plan Ledger DOL Form 5500 · updated monthly

David Y. Martin Jr., LLC401(k)

PROFIT SHARING PLAN & TRUST OF DAVID Y. MARTIN, JR., LLC · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

David Y. Martin Jr., LLC reported $33,792 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $692 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 0.05% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 361st-largest of 884 plans among Louisiana employers on file, and the 2,127th of 5,215 in retail trade. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 90 to 122 since 2022.

Plan summary
Net assets, end of year$13,059,556
Participants with balances136
Active participants122
Employer contributions$84,419
Employee contributions$223,023
Employer contribution per active participant$692
Average account balance$96,026
Benefits paid to participants$458,849
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 136 accts · $84K emplr
2023$11.8M · 129 accts · $72K emplr
2022$9.7M · 111 accts · $64K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,792
Total administrative$33,792
The David Y. Martin Jr., LLC 401(k) match · 2024
Employer contribution per active participant$692
Median for plans this size$2,416
2024$692 per active participant
2023$591 per active participant
2022$715 per active participant

David Y. Martin Jr., LLC's 2024 employer contribution ran below the $2,416 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.

Service providers · 20244
THE HASLAUER GROUP · Recordkeeping · Loan processing$2,300
LINCOLN RETIREMENT SERVICES · Insurance broker$31,492
J.W. COLE INVESTMENT ADVISORS · Insurance broker$13,544
CYPRESS WEALTH MANAGEMENT · Insurance broker$2,551

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$33,792 · 0.27%
2023$5,654 · 0.05%
2022$5,175 · 0.05%
Similar plansRetail Trade · Louisiana
Banner of N.O., L.L.C. LA$14.0M · 0.63%
Service Tool Co., LLC LA$12.1M · 1.24%
Lee Michaels Jewelers, LLC LA$11.8M · 0.01%
Yokem Motors, L.L.C. LA$11.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720700005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.