Plan Ledger DOL Form 5500 · updated monthly

Heart Hospital of Lafayette, LLC401(k)

HEART HOSPITAL OF LAFAYETTE 401(K) PLAN · LAFAYETTE, LA · plan year 2024

Reported admin expense ratio · 2024
0.05%

Heart Hospital of Lafayette, LLC reported $3,197 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. 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 0.06% to 0.05%. 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 (534th of 884), and 6,908th of 11,911 in health care & social assistance. active participation has shrunk from 159 to 77 since 2022.

Plan summary
Net assets, end of year$6,917,069
Participants with balances100
Active participants77
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$69,171
Benefits paid to participants$278,845
Plan auditUnmodified (clean) audit opinion
AuditorEISNERAMPER
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 100 accts
2023$6.4M · 108 accts
2022$6.0M · 121 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,197
Total administrative$3,197
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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$3,197

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$3,197 · 0.05%
2023$3,803 · 0.06%
2022$4,450 · 0.06%
Similar plansHealth Care & Social Assistance · Louisiana
Team Staffing, LLC LA$7.2M · 1.28%
Acadiana C.A.R.E.S., Inc. LA$6.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300442368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.