Plan Ledger DOL Form 5500 · updated monthly

Hammond Surgical Hospital, LLC401(k)

CYPRESS POINTE SURGICAL HOSPITAL 401(K) PLAN · HAMMOND, LA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Hammond Surgical Hospital, LLC reported $19,789 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,009 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 0.30% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (672nd of 884), and 8,856th of 11,911 in health care & social assistance. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,575,066
Participants with balances130
Active participants129
Employer contributions$130,165
Employee contributions$327,051
Employer contribution per active participant$1,009
Average account balance$27,501
Benefits paid to participants$217,581
Plan auditUnmodified (clean) audit opinion
AuditorBOURGEOIS BENNETT LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 130 accts · $130K emplr
2023$2.9M · 126 accts · $106K emplr
2022$2.3M · 131 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,789
Total administrative$19,789
The Hammond Surgical Hospital, LLC 401(k) match · 2024
Employer contribution per active participant$1,009
Median for plans this size$1,313
2024$1,009 per active participant
2023$887 per active participant
2022$997 per active participant

Hammond Surgical Hospital, LLC's 2024 employer contribution ran below the $1,313 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 · 20244
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$17,578
THE HASLAUER GROUP · Recordkeeping · Loan processing$1,961
MESIROW FINANCIAL, INC. · Investment advisory (plan)$250
MML INVESTOR SERVICES LLC · Insurance broker · Insurance servicesindirect 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
2024THE HASLAUER GROUP, Transamerica
2023THE HASLAUER GROUP, Transamerica

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

Administrative cost history3
2024$19,789 · 0.61%
2023$7,363 · 0.28%
2022$7,410 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
Terrebonne Arc LA$3.6M · 0.90%
Christwood LA$3.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272765802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.