Plan Ledger DOL Form 5500 · updated monthly

Lake Surgical Hospital Slidell401(k)

LAKE SURGICAL HOSPITAL 401(K) RETIREMENT PLAN · SLIDELL, LA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Lake Surgical Hospital Slidell reported $30,704 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,360 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 0.23% to 0.26%. 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 366th-largest of 884 plans among Louisiana employers on file, and the 4,954th of 11,911 in health care & social assistance. In 2024, employees put in $2.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,806,527
Participants with balances151
Active participants143
Employer contributions$194,433
Employee contributions$561,734
Employer contribution per active participant$1,360
Average account balance$84,811
Benefits paid to participants$537,428
Plan auditUnmodified (clean) audit opinion
AuditorLAWRENCE J BEARDSLEY CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 151 accts · $194K emplr
2023$10.9M · 149 accts · $195K emplr
2022$9.6M · 153 accts · $175K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,680
Audit (IQPA)$23,024
Total administrative$30,704
The Lake Surgical Hospital Slidell 401(k) match · 2024
Employer contribution per active participant$1,360
Median for plans this size$2,416
2024$1,360 per active participant
2023$678 per active participant
2022$1,125 per active participant

Lake Surgical Hospital Slidell's 2024 employer contribution ran below 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$81,570
BAKER TILLY US, LLP · Accounting / audit$23,025

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Lake Surgical Hospital Slidell before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$30,704 · 0.26%
2023$25,372 · 0.25%
2022$23,471 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
Access Health Louisiana LA$14.1M · 0.88%
No/Aids Task Force LA$13.3M · 0.14%
Lsu Healthcare Network LA$12.5M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 474228147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.