Plan Ledger DOL Form 5500 · updated monthly

Lifeshare Blood Center401(k)

LIFESHARE BLOOD CENTER 401(K) RETIREMENT PLAN · SHREVEPORT, LA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Lifeshare Blood Center reported $10,661 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,488 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 0.06% to 0.05%. 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 221st-largest of 884 plans among Louisiana employers on file, and the 3,269th of 11,911 in health care & social assistance. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves; active participation has grown from 311 to 359 since 2022.

Plan summary
Net assets, end of year$23,835,143
Participants with balances418
Active participants359
Employer contributions$893,141
Employee contributions$833,471
Employer contribution per active participant$2,488
Average account balance$57,022
Benefits paid to participants$3,649,524
Plan auditUnmodified (clean) audit opinion
AuditorHEARD, MCELROY & VESTAL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 418 accts · $893K emplr
2023$22.8M · 438 accts · $699K emplr
2022$20.4M · 452 accts · $707K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,749
Investment management$3,912
Total administrative$10,661
The Lifeshare Blood Center 401(k) match · 2024
Employer contribution per active participant$2,488
Median for plans this size$2,416
2024$2,488 per active participant
2023$2,379 per active participant
2022$2,274 per active participant

Lifeshare Blood Center'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,749

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

Administrative cost history3
2024$10,661 · 0.05%
2023$14,647 · 0.07%
2022$14,063 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
Lmg, LLC LA$29.6M · 0.05%
Viemed, Inc. LA$25.1M · 0.90%
Eye Medical Center LA$22.1M · 0.02%
Commcare Corporation LA$20.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720511367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.