Plan Ledger DOL Form 5500 · updated monthly

East Baton Rouge Council on the Aging, Inc.403(b)

EAST BATON ROUGE COUNCIL ON THE AGING 403(B) PLAN · BATON ROUGE, LA · plan year 2023

Reported admin expense ratio · 2023
0.79%

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

East Baton Rouge Council on the Aging, Inc. reported $4,869 in plan administrative expenses for 2023: 0.79% of average plan assets, below the peer median. Employer contributions averaged $714 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 1 year on file its reported administrative ratio rose from 0.65% to 0.79%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (838th of 884), and 11,149th of 11,911 in health care & social assistance. In 2023, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$720,613
Participants with balances78
Active participants108
Employer contributions$77,122
Employee contributions$131,072
Employer contribution per active participant$714
Average account balance$9,239
Benefits paid to participants$95,269
Plan auditUnmodified (clean) audit opinion
AuditorL. A. CHAMPAGNE & CO LLP
Plan history2
Yearassets · accounts · employer contribution
2023$721K · 78 accts · $77K emplr
2022$514K · 126 accts · $71K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,869
Total administrative$4,869
Employer contributions to the East Baton Rouge Council on the Aging, Inc. plan · 2023
Employer contribution per active participant$714
Median for plans this size$522
2023$714 per active participant
2022$612 per active participant

East Baton Rouge Council on the Aging, Inc.'s 2023 employer contribution ran above the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$4,869 · 0.79%
2022$3,137 · 0.65%
Similar plansHealth Care & Social Assistance · Louisiana
Larc, Inc. LA$962K · 0.32%
Crossroads Louisiana Inc LA$894K · 0.77%
Woodlake Management, LLC LA$687K · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720637496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.