Plan Ledger DOL Form 5500 · updated monthly

McIlhenny Company401(k)

MCILHENNY COMPANY TAX DEFERRED SAVINGS PLAN · AVERY ISLAND, LA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

McIlhenny Company reported $85,187 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,452 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 3 years on file its reported administrative ratio has held roughly steady near 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 153rd-largest of 884 plans among Louisiana employers on file, and the 3,644th of 13,661 in manufacturing. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,511,908
Participants with balances294
Active participants268
Employer contributions$1,193,229
Employee contributions$2,060,538
Employer contribution per active participant$4,452
Average account balance$137,796
Benefits paid to participants$2,930,805
Plan auditUnmodified (clean) audit opinion
AuditorDARNALL SIKES GARDES & FREDERICK
Plan history3
Yearassets · accounts · employer contribution
2024$40.5M · 294 accts · $1.2M emplr
2023$35.1M · 303 accts · $1.1M emplr
2022$29.0M · 270 accts · $805K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,687
Total administrative$85,187
The McIlhenny Company 401(k) match · 2024
Employer contribution per active participant$4,452
Median for plans this size$2,416
2024$4,452 per active participant
2023$4,051 per active participant
2022$3,261 per active participant

McIlhenny Company's 2024 employer contribution ran above the $2,416 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 · 20243
NFP RETIREMENT INCindirect comp
KESTRA ADVISORY SERVICES LLCindirect comp

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$85,187 · 0.23%
2023$61,308 · 0.19%
2022$68,634 · 0.22%
Same employer
Similar plansManufacturing · Louisiana
Auto Chlor Services, LLC LA$46.1M · 0.30%
Pellerin Milnor Corporation LA$42.9M · 0.15%
Rain Cii Carbon LLC LA$41.6M · 0.14%
Allied Power Services, LLC LA$34.8M · 0.97%
Drax Biomass Inc. LA$26.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720256940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.