RES CONTRACTORS, LLC 401(K) PLAN · PLATTENVILLE, LA · plan year 2024
Reported admin expense ratio · 2024
0.48%
Res Contractors, LLC reported $15,924 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. 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 0.17% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Louisiana (678th of 884), and 4,405th of 5,337 in construction.
Plan summary
Net assets, end of year$3,426,338
Participants with balances206
Active participants72
Employer contributions—
Employee contributions$193,214
Employer contribution per active participant—
Average account balance$16,633
Benefits paid to participants$286,582
Plan auditUnmodified (clean) audit opinion
AuditorHANNIS T. BOURGEOIS
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 206 accts
2023$3.2M · 114 accts
2022$2.8M · 192 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,924
Total administrative$15,924
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 · 20248
SECOND LINE CAPITAL LLC · Investment management$8,560
Source: U.S. Department of Labor, Form 5500 series, EIN 943430414 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.