Plan Ledger DOL Form 5500 · updated monthly

Delta Administrative Services, LLC401(k)

DELTA POOLED EMPLOYER PLAN · METAIRIE, LA · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Delta Administrative Services, LLC reported $56,207 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $340 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 0.89% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Louisiana (451st of 884), and the 1,040th of 2,534 in administrative & support services. In 2024, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,412,149
Participants with balances258
Active participants1,041
Employer contributions$353,618
Employee contributions$923,588
Employer contribution per active participant$340
Average account balance$36,481
Benefits paid to participants$480,032
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA INC.
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 258 accts · $354K emplr
2023$5.8M · 208 accts · $316K emplr
2022$4.7M · 151 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,751
Investment management$9,919
Trustee / custodial$2,537
Total administrative$56,207
The Delta Administrative Services, LLC 401(k) match · 2024
Employer contribution per active participant$340
Median for plans this size$1,313
2024$340 per active participant
2023$357 per active participant
2022$179 per active participant

Delta Administrative Services, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$43,750
BKS FINANCIAL INVESTMENTS LLC · Pension consulting · Investment advisory (participants)$9,919
CHARLES SCHWAB BANK · Custodial (securities) · Trustee (directed)$2,537

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$56,207 · 0.74%
2023$49,679 · 0.94%
2022$46,643 · 0.89%
Similar plansAdministrative & Support Services · Louisiana
New Orleans & Company LA$14.1M · 0.44%
Tiya Services, LLC LA$12.9M · 0.43%
Edko, L.L.C. LA$10.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721488886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.