Plan Ledger DOL Form 5500 · updated monthly

Louisiana Safety Systems, Inc.401(k)

LOUISIANA SAFETY SYSTEMS, INC. PROFIT SHARING 401 (K) PLAN · LAFAYETTE, LA · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Louisiana Safety Systems, Inc. reported $125 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio fell from 0.01% to 0.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Louisiana (658th of 884), and 2,498th of 3,341 in other services.

Plan summary
Net assets, end of year$3,818,331
Participants with balances47
Active participants57
Employer contributions$0
Employee contributions$102,754
Employer contribution per active participant$0
Average account balance$81,241
Benefits paid to participants$407,507
Plan auditUnmodified (clean) audit opinion
AuditorARSEMENT REDD GARDNER BENOIT LLC
Plan history2
Yearassets · accounts · employer contribution
2023$3.8M · 47 accts
2022$3.7M · 112 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$125
Total administrative$125
The Louisiana Safety Systems, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Louisiana Safety Systems, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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

Administrative cost history2
2023$125 · 0.00%
2022$216 · 0.01%
Similar plansOther Services · Louisiana
Adriatic Marine, L.L.C. LA$4.3M · 0.47%
Ohio Management, LLC LA$4.0M · 0.38%
The Arc Caddo-Bossier LA$3.4M · 0.10%
Excelth, Incorporated LA$2.8M · 0.04%
Arise Academy LA$2.8M · 1.18%
Dean Equipment, Inc LA$2.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720978763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.