Plan Ledger DOL Form 5500 · updated monthly

Loop LLC401(k)

LOOP LLC EMPLOYEES' SAVINGS PLAN · COVINGTON, LA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Loop LLC reported $82,501 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $9,215 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 0.00% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 61st-largest of 884 plans among Louisiana employers on file, and the 234th of 2,677 in transportation & warehousing. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$102,902,576
Participants with balances225
Active participants188
Employer contributions$1,732,497
Employee contributions$3,037,645
Employer contribution per active participant$9,215
Average account balance$457,345
Benefits paid to participants$7,789,166
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$102.9M · 225 accts · $1.7M emplr
2023$93.3M · 227 accts · $1.7M emplr
2022$83.1M · 233 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,501
Total administrative$82,501
The Loop LLC 401(k) match · 2024
Employer contribution per active participant$9,215
Median for plans this size$3,635
2024$9,215 per active participant
2023$8,741 per active participant
2022$7,910 per active participant

Loop LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
VANGUARD GROUP INC. · Recordkeeping · Securities brokerage$40,001
NEWPORT CONSULTING GROUP · Consulting$42,500

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$82,501 · 0.08%
2023$39,966 · 0.05%
2022$1,620 · 0.00%
Same employer
Similar plansTransportation & Warehousing · Louisiana
PSC Group LLC LA$219.6M · 0.24%
Metro Aviation, Inc. LA$151.8M · 0.30%
Canal Barge Company, Inc. LA$100.3M · 0.18%
Grand Isle Shipyard, LLC LA$86.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721335490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.