Plan Ledger DOL Form 5500 · updated monthly

F & M Ft. Walton Leasing, LLC401(k)

FULL SERVICE HOTELS 401(K) PROGRAM · NATCHITOCHES, LA · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

F & M Ft. Walton Leasing, LLC reported $4,617 in plan administrative expenses for 2022: 0.18% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.18% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Louisiana (726th of 884), and 1,839th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$2,533,368
Participants with balances232
Active participants6,065
Employer contributions$0
Employee contributions$631,130
Employer contribution per active participant$0
Average account balance$10,920
Benefits paid to participants$369,771
Plan auditUnmodified (clean) audit opinion
AuditorERICKSEN KRENTEL, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$59 · 4 accts
2022$2.5M · 232 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,617
Total administrative$4,617
The F & M Ft. Walton Leasing, LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

F & M Ft. Walton Leasing, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$3,100 · 0.24%
2022$4,617 · 0.18%
Similar plansAdministrative & Support Services · Louisiana
C-Dive LLC LA$6.0M · 1.32%
Hub Enterprises, Inc. LA$3.6M · 1.34%
Lcg LA$1.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510508989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.