Plan Ledger DOL Form 5500 · updated monthly

Louisiana Health Service & Indemnity Company401(k)

LOUISIANA HEALTH SERVICE & INDEMNITY CO. TAX-FAVORED SAVINGS PROGRAM · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Louisiana Health Service & Indemnity Company reported $267,981 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $7,197 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 0.07% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 7th-largest of 884 plans among Louisiana employers on file, and the 251st of 4,798 in finance & insurance. In 2024, employees put in $1.13 for every $1.00 the employer contributed; active participation has shrunk from 3,719 to 3,333 since 2022.

Plan summary
Net assets, end of year$660,565,053
Participants with balances4,469
Active participants3,333
Employer contributions$23,986,957
Employee contributions$27,128,454
Employer contribution per active participant$7,197
Average account balance$147,810
Benefits paid to participants$71,397,819
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$660.6M · 4,469 accts · $24.0M emplr
2023$594.2M · 4,474 accts · $23.2M emplr
2022$490.7M · 4,533 accts · $21.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,827
Investment management$157,154
Total administrative$267,981
The Louisiana Health Service & Indemnity Company 401(k) match · 2024
Employer contribution per active participant$7,197
Median for plans this size$4,294
2024$7,197 per active participant
2023$6,280 per active participant
2022$5,644 per active participant

Louisiana Health Service & Indemnity Company's 2024 employer contribution ran above the $4,294 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$157,154
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$111,943
SS&C · Other servicesindirect comp

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$267,981 · 0.04%
2023$336,310 · 0.06%
2022$361,358 · 0.07%
Same employer
Similar plansFinance & Insurance · Louisiana
Valley National Bank NJ$662.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237384555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.