Plan Ledger DOL Form 5500 · updated monthly

Morris Bart, LLC401(k)

MORRIS BART, LLC 401K PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Morris Bart, LLC reported $65,469 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 314th-largest of 884 plans among Louisiana employers on file, and 6,365th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$15,908,119
Participants with balances132
Active participants158
Employer contributions$0
Employee contributions$814,533
Employer contribution per active participant$0
Average account balance$120,516
Benefits paid to participants$390,854
Plan auditUnmodified (clean) audit opinion
AuditorKUSHNER LAGRAIZE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 132 accts
2023$13.5M · 122 accts
2022$10.9M · 119 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,469
Total administrative$65,469
The Morris Bart, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Morris Bart, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FAST 401K INC DBA EPLAN SERVICES IN · Pension consulting$32,244
ROBERT FARRAGHER · Investment advisory (plan)$29,081

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$65,469 · 0.45%
2023$50,489 · 0.41%
2022$50,544 · 0.43%
Same employer
Similar plansProfessional & Technical Services · Louisiana
Csrs, LLC LA$16.5M · 0.04%
S & W Payroll Services, LLC LA$15.8M · 0.54%
Jm Test Systems, Inc. LA$14.1M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 721227778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.