Plan Ledger DOL Form 5500 · updated monthly

Moreau Physical Therapy401(k)

MOREAU PHYSICAL THERAPY 401(K) PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
1.37%

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

Moreau Physical Therapy reported $58,966 in plan administrative expenses for 2024: 1.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $855 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 rose from 1.23% to 1.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (603rd of 884), and 7,956th of 11,911 in health care & social assistance. In 2024, employees put in $3.42 for every $1.00 the employer contributed; active participation has grown from 146 to 174 since 2022.

Plan summary
Net assets, end of year$4,920,068
Participants with balances148
Active participants174
Employer contributions$148,708
Employee contributions$508,787
Employer contribution per active participant$855
Average account balance$33,244
Benefits paid to participants$167,889
Plan auditUnmodified (clean) audit opinion
AuditorDAIGREPONT & BRIAN
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 148 accts · $149K emplr
2023$3.7M · 122 accts · $140K emplr
2022$3.1M · 132 accts · $130K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,412
Investment management$22,554
Total administrative$58,966
The Moreau Physical Therapy 401(k) match · 2024
Employer contribution per active participant$855
Median for plans this size$1,313
2024$855 per active participant
2023$903 per active participant
2022$891 per active participant

Moreau Physical Therapy's 2024 employer contribution ran below the $1,313 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 · 20243
JOHN HANCOCK LIFE INSURANCE CO. · Recordkeeping · Investment management$700
MERRILL LYNCH - FAS · Investment advisory (participants)$11,277
MERRILL LYNCH - EPS · Investment advisory (participants)$11,277

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$58,966 · 1.37%
2023$49,464 · 1.46%
2022$38,766 · 1.23%
Similar plansHealth Care & Social Assistance · Louisiana
Arc of Acadiana, Inc. LA$5.8M · 0.93%
River Healthcare, Inc. LA$5.0M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720948280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.