Plan Ledger DOL Form 5500 · updated monthly

Galloway, Johnson, Tompkins, Burr & Smith401(k)

GALLOWAY, JOHNSON, TOMPKINS, BURR & SMITH (A PLC) 401(K) PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Galloway, Johnson, Tompkins, Burr & Smith reported $91,076 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,492 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 0.30% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 169th-largest of 884 plans among Louisiana employers on file, and the 3,668th of 11,654 in professional & technical services. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,157,548
Participants with balances238
Active participants274
Employer contributions$682,728
Employee contributions$1,540,073
Employer contribution per active participant$2,492
Average account balance$147,721
Benefits paid to participants$1,871,737
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.2M · 238 accts · $683K emplr
2023$30.3M · 245 accts · $747K emplr
2022$24.9M · 238 accts · $731K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,543
Investment management$35,000
Trustee / custodial$9,533
Total administrative$91,076
The Galloway, Johnson, Tompkins, Burr & Smith 401(k) match · 2024
Employer contribution per active participant$2,492
Median for plans this size$2,416
2024$2,492 per active participant
2023$2,808 per active participant
2022$2,740 per active participant

Galloway, Johnson, Tompkins, Burr & Smith's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$46,543
MITCHELL, MCLEOD, PUGH AND WILLIAMS · Investment advisory (plan)$35,000
NEWPORT TRUST COMPANY · Trustee$9,533

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$91,076 · 0.28%
2023$77,285 · 0.28%
2022$82,019 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Louisiana
Keystone Engineering Inc. LA$45.5M · 0.26%
Delmar Systems, Inc. LA$42.6M · 0.24%
T. Baker Smith, LLC. LA$40.0M · 0.32%
Hannis T. Bourgeois, LLP LA$33.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721089568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.