Plan Ledger DOL Form 5500 · updated monthly

Lsu Healthcare Network401(k)

LSU HEALTHCARE NETWORK RETIREMENT PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Lsu Healthcare Network reported $27,510 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,367 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 0.34% to 0.23%. 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 373rd-largest of 884 plans among Louisiana employers on file, and the 5,034th of 11,911 in health care & social assistance. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,463,942
Participants with balances178
Active participants121
Employer contributions$286,396
Employee contributions$447,259
Employer contribution per active participant$2,367
Average account balance$70,022
Benefits paid to participants$857,075
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 178 accts · $286K emplr
2023$11.0M · 192 accts · $272K emplr
2022$9.3M · 205 accts · $267K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,510
Total administrative$27,510
The Lsu Healthcare Network 401(k) match · 2024
Employer contribution per active participant$2,367
Median for plans this size$2,416
2024$2,367 per active participant
2023$2,196 per active participant
2022$2,035 per active participant

Lsu Healthcare Network's 2024 employer contribution ran below 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$104,738

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$27,510 · 0.23%
2023$17,179 · 0.17%
2022$35,073 · 0.34%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
No/Aids Task Force LA$13.3M · 0.14%
St. Joseph Holdings, LLC LA$11.6M · 1.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721304948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.