Plan Ledger DOL Form 5500 · updated monthly

McLawrence Foods, L.L.C.401(k)

MCLAWRENCE FOODS, L.L.C. PROFIT SHARING PLAN AND TRUST · MONROE, LA · plan year 2023

Reported admin expense ratio · 2023
0.96%

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

McLawrence Foods, L.L.C. reported $26,747 in plan administrative expenses for 2023: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $283 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 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Louisiana (701st of 884), and 4,332nd of 5,215 in retail trade. In 2023, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,060,586
Participants with balances116
Active participants353
Employer contributions$100,000
Employee contributions$213,875
Employer contribution per active participant$283
Average account balance$26,384
Benefits paid to participants$265,210
Plan auditUnmodified (clean) audit opinion
AuditorHEARD, MCELROY & VESTAL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 111 accts · $47K emplr
2023$3.1M · 116 accts · $100K emplr
2022$2.5M · 129 accts · $100K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,422
Investment management$17,325
Total administrative$26,747
The McLawrence Foods, L.L.C. 401(k) match · 2023
Employer contribution per active participant$283
Median for plans this size$1,308
2024$139 per active participant
2023$283 per active participant
2022$264 per active participant

McLawrence Foods, L.L.C.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TUCKER ASSET MANAGEMENT · Investment management$17,325

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$28,056 · 0.92%
2023$26,747 · 0.96%
2022$25,834 · 0.88%
Similar plansRetail Trade · Louisiana
Courtesy Chevrolet, Inc. LA$3.5M · 0.78%
E.T. International, LLC LA$2.6M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 721500158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.