Plan Ledger DOL Form 5500 · updated monthly

Louisiana Workers' Compensation Corporation401(k)

LOUISIANA WORKERS' COMPENSATION CORPORATION 401K SAVINGS PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Louisiana Workers' Compensation Corporation reported $80,917 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $7,194 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 0.12% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 86th-largest of 884 plans among Louisiana employers on file, and the 1,266th of 4,798 in finance & insurance. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$72,830,650
Participants with balances273
Active participants202
Employer contributions$1,453,191
Employee contributions$1,954,681
Employer contribution per active participant$7,194
Average account balance$266,779
Benefits paid to participants$7,485,942
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.8M · 273 accts · $1.5M emplr
2023$68.9M · 284 accts · $1.6M emplr
2022$61.1M · 281 accts · $1.5M emplr
The Louisiana Workers' Compensation Corporation 401(k) match · 2024
Employer contribution per active participant$7,194
Median for plans this size$3,635
2024$7,194 per active participant
2023$7,715 per active participant
2022$7,471 per active participant

Louisiana Workers' Compensation Corporation's 2024 employer contribution ran above the $3,635 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$31,717
CREATIVE PLANNING · Investment advisory (plan)$50,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$80,917 · 0.11%
2023$81,344 · 0.13%
2022$82,762 · 0.12%
Same employer
Similar plansFinance & Insurance · Louisiana
Origin Bancorp, Inc. LA$127.1M · 0.13%
B1BANK LA$86.6M · 0.17%
Home Bank NA LA$55.7M · 0.29%
Republic Finance, LLC LA$50.3M · 0.33%
Lammico LA$48.9M · 0.16%
Gray & Company, Inc. LA$47.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721201349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.