Plan Ledger DOL Form 5500 · updated monthly

Green Clinic Management Company, LLC401(k)

GREEN CLINIC SAVINGS AND PROFIT SHARING PLAN · RUSTON, LA · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Green Clinic Management Company, LLC reported $142,709 in plan administrative expenses for 2023: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,306 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 0.31% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 106th-largest of 884 plans among Louisiana employers on file, and the 1,702nd of 11,911 in health care & social assistance. In 2023, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$56,217,929
Participants with balances687
Active participants278
Employer contributions$1,197,075
Employee contributions$892,079
Employer contribution per active participant$4,306
Average account balance$81,831
Benefits paid to participants$3,761,687
Plan auditUnmodified (clean) audit opinion
AuditorHEARD, MCELROY AND VESTAL, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$49.9M · 694 accts · $786K emplr
2023$56.2M · 687 accts · $1.2M emplr
2022$47.9M · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$59,216
Investment management$72,319
Audit (IQPA)$7,850
Total administrative$142,709
The Green Clinic Management Company, LLC 401(k) match · 2023
Employer contribution per active participant$4,306
Median for plans this size$3,659

Green Clinic Management Company, LLC's 2023 employer contribution ran above the $3,659 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.

Service providers · 20236
REGIONS BANK DBA REGIONS TRUST · Investment advisory (plan)$72,319
NA NA · Accounting / audit$7,850
HOLLAND & KNIGHT LLP · Legal$2,698
WALLER LANSDEN DORTCH & DAVIS, LLP · Legal$355
CHARLES SCHWAB & CO., INC. · Securities brokerage$271

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

Administrative cost history3
2024$150,494 · 0.28%
2023$142,709 · 0.27%
2022$171,361 · 0.31%
Similar plansHealth Care & Social Assistance · Louisiana
Restorixhealth LA$48.0M · 0.61%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 721473251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.