Plan Ledger DOL Form 5500 · updated monthly

Lard Oil Co.401(k)

LARD OIL COMPANY, INC 401(K) PLAN · DENHAM SPRINGS, LA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Lard Oil Co. reported $56,914 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,229 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 0.30% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 334th-largest of 884 plans among Louisiana employers on file, and 2,429th of 4,246 in wholesale trade. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,323,876
Participants with balances423
Active participants223
Employer contributions$497,156
Employee contributions$982,141
Employer contribution per active participant$2,229
Average account balance$33,863
Benefits paid to participants$1,755,551
Plan auditUnmodified (clean) audit opinion
AuditorTHIBODAUX HEBERT DESHOTELS LEBLA
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 423 accts · $497K emplr
2023$13.0M · 387 accts · $444K emplr
2022$11.3M · 368 accts · $451K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,957
Investment management$33,957
Total administrative$56,914
The Lard Oil Co. 401(k) match · 2024
Employer contribution per active participant$2,229
Median for plans this size$2,416
2024$2,229 per active participant
2023$1,940 per active participant
2022$1,987 per active participant

Lard Oil Co.'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
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$33,956
ADP, INC. · Loan processing · Recordkeeping$22,957

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$56,914 · 0.42%
2023$61,267 · 0.50%
2022$34,901 · 0.30%
Similar plansWholesale Trade · Louisiana
Agi Industries, Inc. LA$18.6M · 0.29%
Goldman Equipment L.L.C. LA$16.3M · 0.56%
Southwest Beverage Co. Inc. LA$15.7M · 0.02%
Connector Specialists Inc LA$12.0M · 0.69%
Gaubert Oil Company, Inc. LA$11.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720521835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.