Plan Ledger DOL Form 5500 · updated monthly

Rain Cii Carbon LLC401(k)

RAIN CII CARBON LLC SALARIED EMPLOYEES 401(K) PLAN · COVINGTON, LA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Rain Cii Carbon LLC reported $55,241 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $8,220 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 fell from 0.15% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 149th-largest of 884 plans among Louisiana employers on file, and the 3,587th of 13,661 in manufacturing. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has shrunk from 166 to 147 since 2022.

Plan summary
Net assets, end of year$41,635,512
Participants with balances211
Active participants147
Employer contributions$1,208,393
Employee contributions$1,957,091
Employer contribution per active participant$8,220
Average account balance$197,325
Benefits paid to participants$6,036,931
Plan auditUnmodified (clean) audit opinion
AuditorCONDLEY & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$41.6M · 211 accts · $1.2M emplr
2023$39.0M · 225 accts · $1.3M emplr
2022$33.1M · 237 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,939
Investment management$4,302
Total administrative$55,241
The Rain Cii Carbon LLC 401(k) match · 2024
Employer contribution per active participant$8,220
Median for plans this size$2,416
2024$8,220 per active participant
2023$7,871 per active participant
2022$7,375 per active participant

Rain Cii Carbon LLC's 2024 employer contribution ran above the $2,416 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 · 20241
JOHN HANCOCK · Recordkeeping · Loan processing$49,989

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$55,241 · 0.14%
2023$54,180 · 0.15%
2022$54,001 · 0.15%
Same employer
Similar plansManufacturing · Louisiana
Lion Copolymer Geismar LLC LA$55.9M · 0.17%
Pinnacle Polymers, LLC LA$48.6M · 0.20%
Auto Chlor Services, LLC LA$46.1M · 0.30%
Pellerin Milnor Corporation LA$42.9M · 0.15%
McIlhenny Company LA$40.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721130004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.