Plan Ledger DOL Form 5500 · updated monthly

Gulf Coast Teaching Family Services403(b)

GULF COAST SOCIAL SERVICES 403B · METAIRIE, 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

Gulf Coast Teaching Family Services reported $8,581 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $66 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 0.26% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (680th of 884), and 8,990th of 11,911 in health care & social assistance. In 2023, employees put in $6.62 for every $1.00 the employer contributed; active participation has shrunk from 503 to 414 since 2022.

Plan summary
Net assets, end of year$3,372,157
Participants with balances133
Active participants414
Employer contributions$27,479
Employee contributions$182,006
Employer contribution per active participant$66
Average account balance$25,355
Benefits paid to participants$212,534
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD & FRANKSA CORP OF CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 149 accts · $58K emplr
2023$3.4M · 133 accts · $27K emplr
2022$2.9M · 148 accts · $28K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,460
Investment management$7,121
Total administrative$8,581
Employer contributions to the Gulf Coast Teaching Family Services plan · 2023
Employer contribution per active participant$66
Median for plans this size$1,308
2024$92 per active participant
2023$66 per active participant
2022$55 per active participant

Gulf Coast Teaching Family Services's 2023 employer contribution ran below the $1,308 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.

Administrative cost history3
2024$17,642 · 0.56%
2023$8,581 · 0.27%
2022$8,293 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
Terrebonne Arc LA$3.6M · 0.90%
Christwood LA$3.3M · 0.20%
Medcentris LA$3.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720992051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.