Plan Ledger DOL Form 5500 · updated monthly

Morris & Dickson Co., LLC401(k)

MORRIS & DICKSON CO., LLC 401(K) PLAN · SHREVEPORT, LA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Morris & Dickson Co., LLC reported $104,131 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $2,622 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 rose from 0.12% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 85th-largest of 884 plans among Louisiana employers on file, and the 545th of 4,246 in wholesale trade. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 462 to 538 since 2022.

Plan summary
Net assets, end of year$75,528,701
Participants with balances677
Active participants538
Employer contributions$1,410,649
Employee contributions$2,579,293
Employer contribution per active participant$2,622
Average account balance$111,564
Benefits paid to participants$9,390,468
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.5M · 677 accts · $1.4M emplr
2023$69.5M · 589 accts · $1.3M emplr
2022$62.2M · 552 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,729
Total administrative$104,131
The Morris & Dickson Co., LLC 401(k) match · 2024
Employer contribution per active participant$2,622
Median for plans this size$3,635
2024$2,622 per active participant
2023$2,477 per active participant
2022$2,637 per active participant

Morris & Dickson Co., LLC's 2024 employer contribution ran below the $3,635 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 · 20242
ASCENSUS LLC · Recordkeeping$90,729
REGIONS BANK · Investment advisory (plan)$13,402

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$104,131 · 0.14%
2023$107,384 · 0.16%
2022$83,155 · 0.12%
Same employer
Similar plansWholesale Trade · Louisiana
Scp Distributors, LLC LA$436.0M · 0.08%
Cgb Enterprises, Inc. LA$335.3M · 0.13%
H&E Equipment Services, Inc. LA$179.3M · 0.29%
Zen-Noh Grain Corporation LA$71.5M · 0.20%
Crescent Crown Distributing LA$65.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720266645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.