Plan Ledger DOL Form 5500 · updated monthly

Hi Nabor Supermarket, Inc.401(k)

HI-NABOR SUPERMARKET, INC. PROFIT SHARING 401K PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Hi Nabor Supermarket, Inc. reported $63,931 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,153 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 0.74% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is the 436th-largest of 884 plans among Louisiana employers on file, and 2,653rd of 5,215 in retail trade. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 147 to 169 since 2022.

Plan summary
Net assets, end of year$9,852,274
Participants with balances232
Active participants169
Employer contributions$194,774
Employee contributions$291,621
Employer contribution per active participant$1,153
Average account balance$42,467
Benefits paid to participants$131,462
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 232 accts · $195K emplr
2023$8.4M · 212 accts · $198K emplr
2022$7.1M · 197 accts · $160K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,191
Investment management$58,740
Total administrative$63,931
The Hi Nabor Supermarket, Inc. 401(k) match · 2024
Employer contribution per active participant$1,153
Median for plans this size$1,313
2024$1,153 per active participant
2023$1,153 per active participant
2022$1,088 per active participant

Hi Nabor Supermarket, Inc.'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 · 20242
FLOWER & ASSOCIATES, INC.$5,191

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$63,931 · 0.70%
2023$82,764 · 1.07%
2022$57,049 · 0.74%
All plans at this employer2
HI-NABOR SUPERMARKET, INC. PROFIT SHARING 401K PLAN401(k)
HI NABOR SUPERMARKET EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansRetail Trade · Louisiana
Central Boat Rentals, Inc. LA$10.7M · 0.03%
Justiss Oil Company, Inc. LA$10.5M · 0.36%
Red River Motor Company LA$9.5M · 0.09%
Dixie Motors LLC LA$9.5M · 0.09%
Holmes Motors, LLC. LA$9.4M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720655409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.