Plan Ledger DOL Form 5500 · updated monthly

Mansura Bancshares, Inc.401(k)

COTTONPORT BANK 401(K) PLAN · MARKSVILLE, LA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Mansura Bancshares, Inc. reported $592 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,622 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 0.010% to 0.005%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 371st-largest of 884 plans among Louisiana employers on file, and 3,720th of 4,798 in finance & insurance. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,657,011
Participants with balances135
Active participants127
Employer contributions$206,043
Employee contributions$326,194
Employer contribution per active participant$1,622
Average account balance$93,756
Benefits paid to participants$241,557
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 135 accts · $206K emplr
2023$10.8M · 130 accts · $191K emplr
2022$9.0M · 133 accts · $195K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$592
Total administrative$592
The Mansura Bancshares, Inc. 401(k) match · 2024
Employer contribution per active participant$1,622
Median for plans this size$2,416
2024$1,622 per active participant
2023$1,501 per active participant
2022$1,548 per active participant

Mansura Bancshares, Inc.'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$27,859

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
2023Securian

This plan has changed recordkeepers within these filings. If you left Mansura Bancshares, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$592 · 0.01%
2023$1,100 · 0.01%
2022$974 · 0.01%
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Onpath Federal Credit Union LA$13.0M · 0.28%
Resource Bank LA$12.2M · 0.05%
Eustis Mortgage Corporation LA$10.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720874197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.