Plan Ledger DOL Form 5500 · updated monthly

Louisiana Federal Credit Union401(k)

LOUISIANA FEDERAL CREDIT UNION 401(K) PLAN · LA PLACE, LA · plan year 2023

Reported admin expense ratio · 2023
0.89%

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

Louisiana Federal Credit Union reported $88,093 in plan administrative expenses for 2023: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,491 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is the 405th-largest of 884 plans among Louisiana employers on file, and 3,889th of 4,798 in finance & insurance. In 2023, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,008,193
Participants with balances147
Active participants123
Employer contributions$429,338
Employee contributions$565,038
Employer contribution per active participant$3,491
Average account balance$74,886
Benefits paid to participants$332,507
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$64,145
Investment management$23,948
Total administrative$88,093
The Louisiana Federal Credit Union 401(k) match · 2023
Employer contribution per active participant$3,491
Median for plans this size$1,308

Louisiana Federal Credit Union's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LINCOLN NATIONAL CORPORATION · Contract administrator$64,145
TRUWEALTH ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$23,948

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

Administrative cost history1
2023$88,093 · 0.89%
Same employer
Similar plansFinance & Insurance · Louisiana
Onpath Federal Credit Union LA$13.0M · 0.28%
Mansura Bancshares, Inc. LA$12.7M · 0.01%
Resource Bank LA$12.2M · 0.05%
Eustis Mortgage Corporation LA$10.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720433721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.