Plan Ledger DOL Form 5500 · updated monthly

Iberia Comprehensive Community Health Center, Inc.401(k)

IBERIA COMPREHENSIVE COMMUNITY HEALTH CENTER, INC 401(K) PLAN AND TRUST · NEW IBERIA, LA · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Iberia Comprehensive Community Health Center, Inc. reported $98,341 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,109 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 3 years on file its reported administrative ratio has held roughly steady near 0.84%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 385th-largest of 884 plans among Louisiana employers on file, and the 5,200th of 11,911 in health care & social assistance. In 2024, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,831,959
Participants with balances142
Active participants163
Employer contributions$832,739
Employee contributions$944,074
Employer contribution per active participant$5,109
Average account balance$83,324
Benefits paid to participants$2,672,234
Plan auditDisclaimer of opinion
AuditorSTEVEN M. DEROUEN & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 142 accts · $833K emplr
2023$11.7M · 149 accts · $869K emplr
2022$9.4M · 129 accts · $551K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,466
Investment management$37,875
Total administrative$98,341
The Iberia Comprehensive Community Health Center, Inc. 401(k) match · 2024
Employer contribution per active participant$5,109
Median for plans this size$2,416
2024$5,109 per active participant
2023$5,755 per active participant
2022$3,676 per active participant

Iberia Comprehensive Community Health Center, Inc.'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
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)$35,569
WILSHIRE ASSOCIATES, INC. · Investment advisory (participants)$2,307

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$98,341 · 0.84%
2023$95,711 · 0.91%
2022$76,398 · 0.85%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
Lsu Healthcare Network LA$12.5M · 0.23%
St. Joseph Holdings, LLC LA$11.6M · 1.18%
Nmc Operating Company, LLC LA$11.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582164455 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.