Plan Ledger DOL Form 5500 · updated monthly

Republic Finance, LLC401(k)

REPUBLIC FINANCE, LLC 401(K) PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Republic Finance, LLC reported $155,293 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,804 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 0.37% to 0.33%. 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 120th-largest of 884 plans among Louisiana employers on file, and the 1,657th of 4,798 in finance & insurance. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,342,710
Participants with balances1,507
Active participants1,370
Employer contributions$2,471,479
Employee contributions$5,713,904
Employer contribution per active participant$1,804
Average account balance$33,406
Benefits paid to participants$8,236,049
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.3M · 1,507 accts · $2.5M emplr
2023$43.4M · 1,569 accts · $2.1M emplr
2022$32.3M · 1,466 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$155,293
Total administrative$155,293
The Republic Finance, LLC 401(k) match · 2024
Employer contribution per active participant$1,804
Median for plans this size$2,416
2024$1,804 per active participant
2023$1,462 per active participant
2022$1,382 per active participant

Republic Finance, LLC'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.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$155,292

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$155,293 · 0.33%
2023$132,283 · 0.35%
2022$124,295 · 0.37%
Same employer
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B1BANK LA$86.6M · 0.17%
Home Bank NA LA$55.7M · 0.29%
Lammico LA$48.9M · 0.16%
Gray & Company, Inc. LA$47.4M · 0.02%
Amerisafe, Inc. LA$44.8M · 0.18%
Fidelity Bank LA$39.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720577012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.