Plan Ledger DOL Form 5500 · updated monthly

Heard McElroy & Vestal, L.L.C.401(k)

HEARD, MCELROY & VESTAL, L.L.C. 401K PLAN · SHREVEPORT, LA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Heard McElroy & Vestal, L.L.C. reported $42,599 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $5,253 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 0.19% to 0.13%. 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 174th-largest of 884 plans among Louisiana employers on file, and the 3,764th of 11,654 in professional & technical services. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 139 to 153 since 2022.

Plan summary
Net assets, end of year$34,230,381
Participants with balances208
Active participants153
Employer contributions$803,751
Employee contributions$1,487,604
Employer contribution per active participant$5,253
Average account balance$164,569
Benefits paid to participants$866,208
Plan auditUnmodified (clean) audit opinion
AuditorROZIER, MCKAY, & WILLIS
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 208 accts · $804K emplr
2023$29.2M · 201 accts · $794K emplr
2022$25.9M · 180 accts · $623K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,488
Investment management$15,111
Total administrative$42,599
The Heard McElroy & Vestal, L.L.C. 401(k) match · 2024
Employer contribution per active participant$5,253
Median for plans this size$2,416
2024$5,253 per active participant
2023$5,125 per active participant
2022$4,483 per active participant

Heard McElroy & Vestal, L.L.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NEWPORT GROUP, INC. · Recordkeeping · Trustee$16,301
FOCUS PARTNERS ADVISOR SOLUTIONS · Investment advisory (plan)$7,722
BUCKINGHAM STRATEGIC PARTNERS · Investment advisory (plan)$7,388

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$42,599 · 0.13%
2023$44,574 · 0.16%
2022$43,458 · 0.19%
Same employer
Similar plansProfessional & Technical Services · Louisiana
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%
Ampirical Solutions, LLC LA$30.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720398470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.