Plan Ledger DOL Form 5500 · updated monthly

Edg, Inc.401(k)

EDG, INC. EMPLOYEES SAVINGS TRUST · METAIRIE, LA · plan year 2024

Employer contribution per participant · 2024
$5,867

Edg, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $122,980,442 across 589 participant accounts, with employer contributions averaging $5,867 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 54th-largest of 884 plans among Louisiana employers on file, and the 1,252nd of 11,654 in professional & technical services. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 375 to 423 since 2022.

Plan summary
Net assets, end of year$122,980,442
Participants with balances589
Active participants423
Employer contributions$2,481,845
Employee contributions$5,980,750
Employer contribution per active participant$5,867
Average account balance$208,795
Benefits paid to participants$12,941,305
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE, A PROFESSIONAL ACCT CORP
Plan history3
Yearassets · accounts · employer contribution
2024$123.0M · 589 accts · $2.5M emplr
2023$110.2M · 584 accts · $2.2M emplr
2022$89.9M · 535 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Investment management$39,024
Total administrative-$1,340
The Edg, Inc. 401(k) match · 2024
Employer contribution per active participant$5,867
Median for plans this size$3,635
2024$5,867 per active participant
2023$5,540 per active participant
2022$4,531 per active participant

Edg, Inc.'s 2024 employer contribution ran above the $3,635 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.

Service providers · 20244
AMERITAS ADVISORY SERVICES LLC · Investment advisory (participants)$22,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,024
AMERITAS INVESTMENT CORP · Investment advisory (participants)$7,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$13,001 · 0.01%
2022$3,611 · 0.00%
Same employer
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Kean Miller LLP LA$162.9M · 0.02%
Liskow and Lewis, Aplc LA$159.7M · 0.02%
McGlinchey Stafford, PLLC LA$133.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721087181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.