Plan Ledger DOL Form 5500 · updated monthly

PSC Group LLC401(k)

PSC GROUP 401(K) PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

PSC Group LLC reported $494,572 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,980 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 0.23% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 30th-largest of 884 plans among Louisiana employers on file, and the 143rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 3,941 to 4,863 since 2022.

Plan summary
Net assets, end of year$219,628,252
Participants with balances5,363
Active participants4,863
Employer contributions$9,627,350
Employee contributions$19,652,944
Employer contribution per active participant$1,980
Average account balance$40,952
Benefits paid to participants$28,641,193
Plan auditUnmodified (clean) audit opinion
AuditorHAWTHORN, WAYMOUTH & CARROLL, L.L.P
Plan history3
Yearassets · accounts · employer contribution
2024$219.6M · 5,363 accts · $9.6M emplr
2023$188.6M · 4,739 accts · $8.6M emplr
2022$153.9M · 4,371 accts · $7.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$374,482
Audit (IQPA)$14,750
Total administrative$494,572
The PSC Group LLC 401(k) match · 2024
Employer contribution per active participant$1,980
Median for plans this size$3,635
2024$1,980 per active participant
2023$2,019 per active participant
2022$1,917 per active participant

PSC Group LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
T ROWE PRICE RPS INC · Recordkeeping · Trustee$374,482
CREATIVE PLANNING LLC · Consulting$42,127
HAWTHORN, WAYMOUTH & CARROLL LLP · Accounting / audit$14,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$494,572 · 0.24%
2023$488,659 · 0.29%
2022$382,266 · 0.23%
Same employer
Similar plansTransportation & Warehousing · Louisiana
Phi Group, Inc. LA$426.9M · 0.08%
Metro Aviation, Inc. LA$151.8M · 0.30%
Loop LLC LA$102.9M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 834157485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.