Plan Ledger DOL Form 5500 · updated monthly

New Orleans Phyician Services Inc.401(k)

NEW ORLEANS PHYSICIAN SERVICES, INC. 401(K) PLAN · MARRERO, LA · plan year 2023

Reported admin expense ratio · 2023
0.08%

New Orleans Phyician Services Inc. reported $10,678 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.02% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 323rd-largest of 884 plans among Louisiana employers on file, and the 4,504th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$14,949,483
Participants with balances492
Active participants0
Employer contributions$0
Employee contributions$0
Employer contribution per active participant—
Average account balance$30,385
Benefits paid to participants$753,706
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $106K emplr
2023$14.9M · 492 accts
2022$13.3M · 525 accts · $31K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$825
Investment management$2,014
Audit (IQPA)$7,839
Total administrative$10,678
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$10,678 · 0.08%
2022$2,939 · 0.02%
Similar plansHealth Care & Social Assistance · Louisiana
Access Health Louisiana LA$14.1M · 0.88%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 464568405 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.