Plan Ledger DOL Form 5500 · updated monthly

Northlake Christian School401(k)

NORTHLAKE CHRISTIAN SCHOOL 401(K) PLAN · COVINGTON, LA · plan year 2022

Reported admin expense ratio · 2022
0.14%

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

Northlake Christian School reported $1,788 in plan administrative expenses for 2022: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $398 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 educational services employers. By assets it is among the smaller plans on file in Louisiana (801st of 884), and 2,952nd of 3,091 in educational services. In 2022, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,212,069
Participants with balances78
Active participants122
Employer contributions$48,588
Employee contributions$135,981
Employer contribution per active participant$398
Average account balance$15,539
Benefits paid to participants$418,784
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE CPAS & BUSINESS ADVISORS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,788
Total administrative$1,788
The Northlake Christian School 401(k) match · 2022
Employer contribution per active participant$398
Median for plans this size$1,114

Northlake Christian School's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,788 · 0.14%
Same employer
Similar plansEducational Services · Louisiana
Unitech, Inc. LA$1.4M · 0.17%
Jefferson Rise Inc. LA$768K · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720841693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.