Plan Ledger DOL Form 5500 · updated monthly

Kean Miller LLP401(k)

KEAN MILLER LLP SELF EMPLOYED RETIREMENT PLAN AND TRUST · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Kean Miller LLP reported $38,162 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,046 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 0.03% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 42nd-largest of 884 plans among Louisiana employers on file, and the 966th of 11,654 in professional & technical services. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves; active participation has grown from 329 to 375 since 2022.

Plan summary
Net assets, end of year$162,875,363
Participants with balances441
Active participants375
Employer contributions$4,517,134
Employee contributions$3,844,294
Employer contribution per active participant$12,046
Average account balance$369,332
Benefits paid to participants$14,159,272
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$162.9M · 441 accts · $4.5M emplr
2023$144.9M · 436 accts · $4.1M emplr
2022$117.8M · 393 accts · $3.6M emplr
The Kean Miller LLP 401(k) match · 2024
Employer contribution per active participant$12,046
Median for plans this size$3,635
2024$12,046 per active participant
2023$11,588 per active participant
2022$10,834 per active participant

Kean Miller LLP's 2024 employer contribution ran above the $3,635 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$39,912

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$38,162 · 0.02%
2023$37,052 · 0.03%
2022$38,015 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Louisiana
Jones Walker LLP LA$474.3M · 0.03%
Phelps Dunbar, LLP LA$294.9M · 0.06%
Adams and Reese LLP LA$261.5M · 0.07%
Liskow and Lewis, Aplc LA$159.7M · 0.02%
McGlinchey Stafford, PLLC LA$133.4M · 0.05%
Edg, Inc. LA$123.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 720376776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.