Joint Board of Trustees401(k)
INSULATORS LOCAL NO 53 VACATION FUND · KENNER, LA · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Joint Board of Trustees reported $4,496 in plan administrative expenses for 2022: 2.65% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,000 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 2.65% to 3.65%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Louisiana (869th of 884), and 4,769th of 4,798 in finance & insurance.
Joint Board of Trustees's 2022 employer contribution ran above the $331 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 726041617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.