Plan Ledger DOL Form 5500 · updated monthly

Georges Enterprises, LLC401(k)

GEORGES ENTERPRISES 401(K) PLAN · HARAHAN, LA · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Georges Enterprises, LLC reported $173,188 in plan administrative expenses for 2023: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $634 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 rose from 0.17% to 0.36%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 109th-largest of 884 plans among Louisiana employers on file, and the 2,536th of 11,654 in professional & technical services. In 2023, employees put in $5.26 for every $1.00 the employer contributed; active participation has grown from 708 to 806 since 2022.

Plan summary
Net assets, end of year$55,736,585
Participants with balances962
Active participants806
Employer contributions$510,664
Employee contributions$2,683,564
Employer contribution per active participant$634
Average account balance$57,938
Benefits paid to participants$4,417,740
Plan auditUnmodified (clean) audit opinion
AuditorBOURGEOIS BENNETT LLC
Plan history3
Yearassets · accounts · employer contribution
2024$55.6M · 1,079 accts · $540K emplr
2023$55.7M · 962 accts · $511K emplr
2022$46.9M · 857 accts · $458K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$82,384
Investment management$90,804
Total administrative$173,188
The Georges Enterprises, LLC 401(k) match · 2023
Employer contribution per active participant$634
Median for plans this size$3,659
2024$589 per active participant
2023$634 per active participant
2022$646 per active participant

Georges Enterprises, LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ADP, INC. · Loan processing · Recordkeeping$82,384
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$71,304
BOURGEOIS BENNETT, LLC · Accounting / audit$19,500
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$198,993 · 0.36%
2023$173,188 · 0.34%
2022$96,772 · 0.17%
Same employer
Similar plansProfessional & Technical Services · Louisiana
Deutsch Kerrigan L.L.P. LA$46.7M · 0.04%
Levingston Group, LLC LA$46.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352267243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.