Plan Ledger DOL Form 5500 · updated monthly

Long's Drugstores of Sc Inc.401(k)

AVITA 401(K) PROFIT SHARING PLAN AND TRUST · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Long's Drugstores of Sc Inc. reported $132,894 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $3,139 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 0.39% to 0.35%. 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 150th-largest of 884 plans among Louisiana employers on file, and the 758th of 5,215 in retail trade. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,630,202
Participants with balances661
Active participants563
Employer contributions$1,767,122
Employee contributions$3,882,520
Employer contribution per active participant$3,139
Average account balance$62,981
Benefits paid to participants$4,868,608
Plan auditUnmodified (clean) audit opinion
AuditorLONG CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$41.6M · 661 accts · $1.8M emplr
2023$35.2M · 682 accts · $1.7M emplr
2022$28.0M · 701 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,226
Investment management$45,668
Total administrative$132,894
The Long's Drugstores of Sc Inc. 401(k) match · 2024
Employer contribution per active participant$3,139
Median for plans this size$2,416
2024$3,139 per active participant
2023$2,938 per active participant
2022$2,536 per active participant

Long's Drugstores of Sc Inc.'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$87,223
THE PATRIOT FINANCIAL GROUP, LLC · Investment advisory (plan)$45,671

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$132,894 · 0.35%
2023$128,376 · 0.41%
2022$112,446 · 0.39%
Similar plansRetail Trade · Louisiana
Price Leblanc, L.C. LA$51.8M · 0.01%
Hot Topic, Inc. CA$41.9M · 0.54%
Gardens Alive Inc. IN$41.9M · 0.49%
Tony Gullo Motors, I, LP TX$41.5M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570290371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.