Plan Ledger DOL Form 5500 · updated monthly

New Orleans & Company401(k)

NEW ORLEANS & COMPANY 401(K) PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

New Orleans & Company reported $60,486 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,818 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 0.41% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 339th-largest of 884 plans among Louisiana employers on file, and the 807th of 2,534 in administrative & support services. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 92 to 103 since 2022.

Plan summary
Net assets, end of year$14,072,472
Participants with balances119
Active participants103
Employer contributions$393,207
Employee contributions$769,032
Employer contribution per active participant$3,818
Average account balance$118,256
Benefits paid to participants$1,933,885
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE CPAS & BUSINESS ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 119 accts · $393K emplr
2023$13.5M · 125 accts · $351K emplr
2022$11.3M · 115 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,486
Total administrative$60,486
The New Orleans & Company 401(k) match · 2024
Employer contribution per active participant$3,818
Median for plans this size$2,416
2024$3,818 per active participant
2023$3,436 per active participant
2022$3,160 per active participant

New Orleans & Company's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$60,486
MARSH & MCLENNAN AGENCY LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$60,486 · 0.44%
2023$52,828 · 0.42%
2022$48,742 · 0.41%
Similar plansAdministrative & Support Services · Louisiana
Onex Tsg Intermediate Corp. LA$298.5M · 0.14%
Orthosynetics, Inc. LA$14.8M · 0.41%
Tiya Services, LLC LA$12.9M · 0.43%
Edko, L.L.C. LA$10.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720540607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.