Plan Ledger DOL Form 5500 · updated monthly

Medkoder, LLC401(k)

MEDKODER 401(K) PROFIT SHARING PLAN AND TRUST · MANDEVILLE, LA · plan year 2023

Reported admin expense ratio · 2023
1.03%

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

Medkoder, LLC reported $33,509 in plan administrative expenses for 2023: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 fell from 1.11% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Louisiana (669th of 884), and 10,312th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$3,619,113
Participants with balances90
Active participants73
Employer contributions$0
Employee contributions$420,508
Employer contribution per active participant$0
Average account balance$40,212
Benefits paid to participants$291,621
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$3.6M · 90 accts
2022$2.9M · 104 accts · $78K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,747
Investment management$9,762
Total administrative$33,509
The Medkoder, LLC 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Medkoder, LLC'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 · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,747
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$9,762
MML INVESTOR 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 history2
2023$33,509 · 1.03%
2022$33,042 · 1.11%
Similar plansProfessional & Technical Services · Louisiana
Team Services, LLC LA$3.9M · 0.52%
Doyle Land Services, Inc. LA$3.8M · 0.09%
Chimp Haven, Inc. LA$3.7M · 0.33%
Ballard Brands, LLC LA$3.4M · 0.46%
Proof Media Mix LLC LA$3.1M · 0.33%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 452043352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.