Plan Ledger DOL Form 5500 · updated monthly

Louisiana Organ Procurement Agency401(k)

LOUISIANA ORGAN PROCUREMENT AGENCY RETIREMENT SAVINGS PLAN · COVINGTON, LA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Louisiana Organ Procurement Agency reported $4,025 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,966 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 0.40% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 277th-largest of 884 plans among Louisiana employers on file, and the 3,936th of 11,911 in health care & social assistance. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 174 to 273 since 2022.

Plan summary
Net assets, end of year$18,224,340
Participants with balances275
Active participants273
Employer contributions$809,823
Employee contributions$920,932
Employer contribution per active participant$2,966
Average account balance$66,270
Benefits paid to participants$962,658
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE CPAS & BUSINESS ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 275 accts · $810K emplr
2023$15.1M · 219 accts · $728K emplr
2022$12.8M · 254 accts · $696K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,025
Total administrative$4,025
The Louisiana Organ Procurement Agency 401(k) match · 2024
Employer contribution per active participant$2,966
Median for plans this size$2,416
2024$2,966 per active participant
2023$3,605 per active participant
2022$3,998 per active participant

Louisiana Organ Procurement Agency's 2024 employer contribution ran above the $2,416 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$52,184

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$4,025 · 0.02%
2023$7,209 · 0.05%
2022$52,918 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana

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Source: U.S. Department of Labor, Form 5500 series, EIN 721110932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.