Plan Ledger DOL Form 5500 · updated monthly

Red River Bancshares, Inc.401(k)

RED RIVER BANK 401(K) PROFIT SHARING PLAN · ALEXANDRIA, LA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Red River Bancshares, Inc. reported $26,802 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,178 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 3 years on file its reported administrative ratio has held roughly steady near 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 167th-largest of 884 plans among Louisiana employers on file, and the 2,097th of 4,798 in finance & insurance. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,903,118
Participants with balances332
Active participants349
Employer contributions$760,209
Employee contributions$1,822,458
Employer contribution per active participant$2,178
Average account balance$111,154
Benefits paid to participants$2,314,016
Plan history3
Yearassets · accounts · employer contribution
2024$36.9M · 332 accts · $760K emplr
2023$32.3M · 339 accts · $780K emplr
2022$26.3M · 331 accts · $733K emplr
Administrative expenses, itemized · 2024
Investment management$26,802
Total administrative$26,802
The Red River Bancshares, Inc. 401(k) match · 2024
Employer contribution per active participant$2,178
Median for plans this size$2,416
2024$2,178 per active participant
2023$2,314 per active participant
2022$2,156 per active participant

Red River Bancshares, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$26,802 · 0.08%
2023$28,751 · 0.10%
2022$20,589 · 0.07%
Similar plansFinance & Insurance · Louisiana
Gray & Company, Inc. LA$47.4M · 0.02%
Amerisafe, Inc. LA$44.8M · 0.18%
Fidelity Bank LA$39.3M · 0.05%
Gmfs, LLC LA$32.4M · 0.33%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 721412058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.