Plan Ledger DOL Form 5500 · updated monthly

Investar Holding Corporation401(k) + ESOP (KSOP)

INVESTAR HOLDING CORPORATION 401(K) PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Investar Holding Corporation reported $187,093 in plan administrative expenses for 2024: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,389 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 0.73% to 0.78%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 206th-largest of 884 plans among Louisiana employers on file, and 2,630th of 4,798 in finance & insurance. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,152,979
Participants with balances383
Active participants311
Employer contributions$1,053,959
Employee contributions$2,145,914
Employer contribution per active participant$3,389
Average account balance$68,285
Benefits paid to participants$2,967,535
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.2M · 383 accts · $1.1M emplr
2023$22.0M · 382 accts · $1.0M emplr
2022$18.3M · 372 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$187,093
Total administrative$187,093
The Investar Holding Corporation 401(k) match · 2024
Employer contribution per active participant$3,389
Median for plans this size$2,416
2024$3,389 per active participant
2023$3,232 per active participant
2022$3,460 per active participant

Investar Holding Corporation's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$187,092
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$187,093 · 0.78%
2023$146,431 · 0.73%
2022$141,896 · 0.73%
Same employer
Similar plansFinance & Insurance · Louisiana
Red River Bancshares, Inc. LA$36.9M · 0.08%
Gmfs, LLC LA$32.4M · 0.33%
Pelican State Credit Union LA$25.4M · 0.75%
Bonvenu Bancorp, Inc. LA$24.0M · 0.17%
Sn Servicing Corporation LA$23.9M · 0.09%
Campus Federal Credit Union LA$23.2M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271560715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.