Plan Ledger DOL Form 5500 · updated monthly

Odyssey House Louisiana, Inc.401(k)

ODYSSEY HOUSE LOUISIANA, INC. 401(K) PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Odyssey House Louisiana, Inc. reported $36,787 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,426 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 0.07% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (607th of 884), and 8,015th of 11,911 in health care & social assistance. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has grown from 136 to 162 since 2022.

Plan summary
Net assets, end of year$4,811,041
Participants with balances128
Active participants162
Employer contributions$392,956
Employee contributions$497,306
Employer contribution per active participant$2,426
Average account balance$37,586
Benefits paid to participants$305,830
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 128 accts · $393K emplr
2023$3.9M · 128 accts · $313K emplr
2022$3.0M · 102 accts · $258K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,618
Investment management$14,169
Total administrative$36,787
The Odyssey House Louisiana, Inc. 401(k) match · 2024
Employer contribution per active participant$2,426
Median for plans this size$1,313
2024$2,426 per active participant
2023$1,712 per active participant
2022$1,897 per active participant

Odyssey House Louisiana, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$11,880
EMPOWER ADVISORY GROUP, LLC · Investment management$2,289

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$36,787 · 0.85%
2023$29,923 · 0.87%
2022$2,154 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
River Healthcare, Inc. LA$5.0M · 0.80%
Moreau Physical Therapy LA$4.9M · 1.37%
Union General Hospital LA$4.3M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720743677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.