Plan Ledger DOL Form 5500 · updated monthly

Louisiana Endowment for the Huma401(k)

LOUISIANA ENDOWMENT FOR THE HUMANTIES 401(K) PROFIT SHARING · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
1.40%

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

Louisiana Endowment for the Huma reported $35,638 in plan administrative expenses for 2024: 1.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $547 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 0.71% to 1.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Louisiana (717th of 884), and 2,759th of 3,091 in educational services. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 257 to 177 since 2022.

Plan summary
Net assets, end of year$2,809,925
Participants with balances148
Active participants177
Employer contributions$96,792
Employee contributions$197,977
Employer contribution per active participant$547
Average account balance$18,986
Benefits paid to participants$111,490
Plan auditUnmodified (clean) audit opinion
AuditorBOURGEOIS BENNETT LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 148 accts · $97K emplr
2023$2.3M · 154 accts · $125K emplr
2022$2.0M · 191 accts · $173K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,715
Investment management$19,047
Audit (IQPA)$11,876
Total administrative$35,638
The Louisiana Endowment for the Huma 401(k) match · 2024
Employer contribution per active participant$547
Median for plans this size$1,313
2024$547 per active participant
2023$727 per active participant
2022$674 per active participant

Louisiana Endowment for the Huma's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$11,886
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$11,875
ADP BROKER-DEALERindirect comp

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, UBS
2023ADP, UBS

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

Administrative cost history3
2024$35,638 · 1.40%
2023$33,072 · 1.56%
2022$14,021 · 0.71%
Similar plansEducational Services · Louisiana
Bricolage Academy LA$3.4M · 0.62%
Unitech, Inc. LA$1.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720795568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.