Plan Ledger DOL Form 5500 · updated monthly

Isidore Newman School401(k)

ISIDORE NEWMAN SCHOOL 401(K) RETIREMENT PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Isidore Newman School reported $26,347 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,736 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 0.07% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 177th-largest of 884 plans among Louisiana employers on file, and the 1,213th of 3,091 in educational services. In 2024, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,176,160
Participants with balances388
Active participants259
Employer contributions$708,745
Employee contributions$789,108
Employer contribution per active participant$2,736
Average account balance$85,506
Benefits paid to participants$2,743,812
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.2M · 388 accts · $709K emplr
2023$29.7M · 387 accts · $678K emplr
2022$24.7M · 369 accts · $679K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,347
Total administrative$26,347
The Isidore Newman School 401(k) match · 2024
Employer contribution per active participant$2,736
Median for plans this size$2,416
2024$2,736 per active participant
2023$2,519 per active participant
2022$2,433 per active participant

Isidore Newman School'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 · 20243
EISNERAMPER LLP$13,500
VOYA RETIREMENT INS. AND ANN. CO. · Investment advisory (participants)$5,174
SCP RETIREMENT SERVICES LLC · Other servicesindirect 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$26,347 · 0.08%
2023$20,841 · 0.08%
2022$18,763 · 0.07%
All plans at this employer2
ISIDORE NEWMAN SCHOOL 401(K) RETIREMENT PLAN401(k)
ISIDORE NEWMAN SCHOOL RETIREMENT PLAN403(b)
Same employer
Similar plansEducational Services · Louisiana
Dillard University LA$17.6M · 0.03%
Crescent City Schools LA$16.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720408935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.