Plan Ledger DOL Form 5500 · updated monthly

New Orleans Steamboat Company401(k)

STEAMBOAT 401K SAVINGS AND RETIREMENT PLAN · NEW ORLEANS, LA · plan year 2022

Reported admin expense ratio · 2022
0.81%

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

New Orleans Steamboat Company reported $51,120 in plan administrative expenses for 2022: 0.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $570 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.

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 (570th of 884), and 1,510th of 2,677 in transportation & warehousing. In 2022, employees put in $4.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,956,969
Participants with balances95
Active participants104
Employer contributions$59,234
Employee contributions$244,969
Employer contribution per active participant$570
Average account balance$62,705
Benefits paid to participants$218,182
Plan auditUnmodified (clean) audit opinion
AuditorERICKSEN KRENTEL LLP
Administrative expenses, itemized · 2022
Investment management$51,120
Total administrative$51,120
The New Orleans Steamboat Company 401(k) match · 2022
Employer contribution per active participant$570
Median for plans this size$1,114

New Orleans Steamboat Company's 2022 employer contribution ran below 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.

Administrative cost history1
2022$51,120 · 0.81%
Similar plansTransportation & Warehousing · Louisiana
D & S Marine Service, LLC LA$7.1M · 0.47%
Chem Carriers, LLC LA$6.7M · 0.40%
L&B Holdings, L.L.C. LA$6.7M · 0.65%
Port Ship Service, Inc. LA$6.2M · 0.10%
Stafford Transport Inc LA$4.0M · 1.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720720511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.