Plan Ledger DOL Form 5500 · updated monthly

Louisiana Association for the Blind401(k)

LOUISIANA ASSOCIATION FOR THE BLIND 401(K) PLAN · SHREVEPORT, LA · plan year 2024

Reported admin expense ratio · 2024
1.28%

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

Louisiana Association for the Blind reported $33,571 in plan administrative expenses for 2024: 1.28% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,909 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 0.75% to 1.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Louisiana (716th of 884), and 12,378th of 13,661 in manufacturing. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,831,512
Participants with balances127
Active participants113
Employer contributions$215,735
Employee contributions$291,485
Employer contribution per active participant$1,909
Average account balance$22,295
Benefits paid to participants$361,786
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 127 accts · $216K emplr
2023$2.4M · 112 accts · $181K emplr
2022$2.2M · 112 accts · $146K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,571
Total administrative$33,571
The Louisiana Association for the Blind 401(k) match · 2024
Employer contribution per active participant$1,909
Median for plans this size$1,313
2024$1,909 per active participant
2023$1,481 per active participant
2022$1,288 per active participant

Louisiana Association for the Blind's 2024 employer contribution ran above the $1,313 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 · 20243
ACUFF & ASSOCIATES INC · Contract administrator$1,920
EMPOWER ADVISORY LLC · Investment management$1,155

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$33,571 · 1.28%
2023$23,135 · 1.01%
2022$18,224 · 0.75%
Same employer
Similar plansManufacturing · Louisiana
Wright Enrichment, Inc. LA$3.2M · 0.74%
Southern Packaging Inc LA$3.0M · 0.78%
Safesource Direct, LLC LA$2.2M · 0.69%
Bancroft Bag, Inc. LA$2.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720408981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.