Plan Ledger DOL Form 5500 · updated monthly

Isouthern Medical Holding Corporation401(k)

SMC 401(K) · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Isouthern Medical Holding Corporation reported $1,411 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,519 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 0.12% to 0.01%. 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 233rd-largest of 884 plans among Louisiana employers on file, and the 3,420th of 11,911 in health care & social assistance. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has shrunk from 150 to 114 since 2022.

Plan summary
Net assets, end of year$22,209,769
Participants with balances116
Active participants114
Employer contributions$287,179
Employee contributions$563,668
Employer contribution per active participant$2,519
Average account balance$191,464
Benefits paid to participants$1,346,467
Plan auditUnmodified (clean) audit opinion
AuditorTWRA CPAS & FINANCIAL ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 116 accts · $287K emplr
2023$19.1M · 124 accts · $277K emplr
2022$15.8M · 118 accts · $243K emplr
Administrative expenses, itemized · 2024
Investment management$7,204
Audit (IQPA)$12,750
Total administrative$1,411
The Isouthern Medical Holding Corporation 401(k) match · 2024
Employer contribution per active participant$2,519
Median for plans this size$2,416
2024$2,519 per active participant
2023$2,050 per active participant
2022$1,621 per active participant

Isouthern Medical 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 · 20243
THOMAS, WILSON, RAGU · Accounting / audit$12,750
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,204
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$1,411 · 0.01%
2023Not separately reported
2022$21,647 · 0.12%
Similar plansHealth Care & Social Assistance · Louisiana
Viemed, Inc. LA$25.1M · 0.90%
Lifeshare Blood Center LA$23.8M · 0.05%
Eye Medical Center LA$22.1M · 0.02%
Commcare Corporation LA$20.8M · 0.49%
Southern Urology, LLC LA$20.6M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752695809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.