Plan Ledger DOL Form 5500 · updated monthly

Louisiana Public Health Institute401(k)

LOUISIANA PUBLIC HEALTH INSTITUTE 401(K) PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Louisiana Public Health Institute reported $7,790 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,568 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 0.11% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (456th of 884), and 6,000th of 11,911 in health care & social assistance. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has shrunk from 95 to 60 since 2022.

Plan summary
Net assets, end of year$9,159,028
Participants with balances119
Active participants60
Employer contributions$454,082
Employee contributions$524,064
Employer contribution per active participant$7,568
Average account balance$76,967
Benefits paid to participants$894,015
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE CPAS & BUSINESS ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 119 accts · $454K emplr
2023$7.9M · 141 accts · $459K emplr
2022$6.0M · 136 accts · $426K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,790
Total administrative$7,790
The Louisiana Public Health Institute 401(k) match · 2024
Employer contribution per active participant$7,568
Median for plans this size$1,313
2024$7,568 per active participant
2023$4,595 per active participant
2022$4,484 per active participant

Louisiana Public Health Institute's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
THE HASLAUER GROUP, INC · Other services · Contract administrator$4,856
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$2,934
SBHU LIFE AGENCY INC · 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$7,790 · 0.09%
2023$7,780 · 0.11%
2022$7,353 · 0.11%
Similar plansHealth Care & Social Assistance · Louisiana
Seaside Healthcare, Inc. LA$10.0M · 1.54%
Core, LLC LA$9.4M · 0.50%
Savoy Medical Center LA$9.0M · 0.13%
Regional Urology, LLC LA$9.0M · 0.64%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 721379921 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.