Plan Ledger DOL Form 5500 · updated monthly

Lamarque Motor Company401(k)

LAMARQUE MOTOR COMPANY 401K PLAN · KENNER, LA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Lamarque Motor Company reported $14,234 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,632 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 0.02% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 397th-largest of 884 plans among Louisiana employers on file, and the 2,385th of 5,215 in retail trade. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 167 to 221 since 2022.

Plan summary
Net assets, end of year$11,327,573
Participants with balances185
Active participants221
Employer contributions$581,725
Employee contributions$973,770
Employer contribution per active participant$2,632
Average account balance$61,230
Benefits paid to participants$361,328
Plan auditUnmodified (clean) audit opinion
AuditorERICKSEN KRENTEL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 185 accts · $582K emplr
2023$8.8M · 174 accts · $540K emplr
2022$6.5M · 138 accts · $529K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,334
Investment management$11,900
Total administrative$14,234
The Lamarque Motor Company 401(k) match · 2024
Employer contribution per active participant$2,632
Median for plans this size$2,416
2024$2,632 per active participant
2023$2,649 per active participant
2022$3,168 per active participant

Lamarque Motor Company'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 · 20244
LAMARQUE FORD · Accounting / audit · Recordkeeping$11,900
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$4,584
EDWARD D JONES AND CO · Consultingindirect comp
ERICKSEN KRENTEL LLP · Investment managementindirect comp

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

Recordkeeper by year2
2024LAMARQUE FORD, OneAmerica
2023OneAmerica

This plan has changed recordkeepers within these filings. If you left Lamarque Motor Company 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$14,234 · 0.14%
2023$1,499 · 0.02%
2022$1,286 · 0.02%
Similar plansRetail Trade · Louisiana
Service Tool Co., LLC LA$12.1M · 1.24%
Lee Michaels Jewelers, LLC LA$11.8M · 0.01%
Yokem Motors, L.L.C. LA$11.7M · 0.28%
Shop Rite, Inc. LA$11.3M · 0.01%
Central Boat Rentals, Inc. LA$10.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720984751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.