Plan Ledger DOL Form 5500 · updated monthly

Neeb Kearney & Company, Inc. and Subsidiaries401(k)

NEEB KEARNEY & CO INC & SUBSIDIARIES 401(K) · METAIRIE, LA · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Neeb Kearney & Company, Inc. and Subsidiaries reported $1,980 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,841 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 0.05% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Louisiana (663rd of 884), and 1,820th of 2,677 in transportation & warehousing. In 2022, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,745,211
Participants with balances182
Active participants39
Employer contributions$71,806
Employee contributions$219,348
Employer contribution per active participant$1,841
Average account balance$20,578
Benefits paid to participants$361,119
Plan auditUnmodified (clean) audit opinion
AuditorPACIERA, GAUTREAU & PRIEST, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$711K · 130 accts · $4K emplr
2023$1.3M · 150 accts · $53K emplr
2022$3.7M · 182 accts · $72K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,980
Total administrative$1,980
The Neeb Kearney & Company, Inc. and Subsidiaries 401(k) match · 2022
Employer contribution per active participant$1,841
Median for plans this size$1,114
2024$596 per active participant
2023$7,618 per active participant
2022$1,841 per active participant

Neeb Kearney & Company, Inc. and Subsidiaries's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024$1,425 · 0.14%
2023$8,145 · 0.32%
2022$1,980 · 0.05%
Similar plansTransportation & Warehousing · Louisiana
Stafford Transport Inc LA$4.0M · 1.54%
Brown Eagle Group, Inc. LA$3.4M · 1.10%
Magnolia Fleet LLC LA$3.3M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720372830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.