Plan Ledger DOL Form 5500 · updated monthly

Lula-Westfield, L.L.C.401(k)

LULA-WESTFIELD, L.L.C. SAVINGS PLAN · PAINCOURTVILLE, LA · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

Lula-Westfield, L.L.C. reported $59,024 in plan administrative expenses for 2023: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,953 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 rose from 0.40% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 318th-largest of 884 plans among Louisiana employers on file, and 6,950th of 13,661 in manufacturing. In 2023, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,496,901
Participants with balances100
Active participants159
Employer contributions$310,500
Employee contributions$628,307
Employer contribution per active participant$1,953
Average account balance$154,969
Benefits paid to participants$1,494,732
Plan auditUnmodified (clean) audit opinion
AuditorDUPLANTIER, HRAPMAN, HOGAN, & MAHER
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 117 accts · $306K emplr
2023$15.5M · 100 accts · $311K emplr
2022$14.2M · 131 accts · $286K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$59,024
Total administrative$59,024
The Lula-Westfield, L.L.C. 401(k) match · 2023
Employer contribution per active participant$1,953
Median for plans this size$2,440
2024$2,409 per active participant
2023$1,953 per active participant
2022$1,904 per active participant

Lula-Westfield, L.L.C.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
NATIONWIDE · Recordkeeping · Loan processing$59,024

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$76,794 · 0.50%
2023$59,024 · 0.40%
2022Not separately reported
Same employer
Similar plansManufacturing · Louisiana
Abell, LLC LA$17.3M · 0.49%
Pepper Source, LTD. LA$15.0M · 0.76%
Dsc Dredge, LLC LA$14.4M · 0.63%
Smittys Supply, Inc. LA$14.4M · 0.86%
Mid South Extrusion, Inc LA$13.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721353056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.