Plan Ledger DOL Form 5500 · updated monthly

Scott Equipment Company, LLC401(k)

SCOTT COMPANIES PROFIT SHARING PLAN · MONROE, LA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Scott Equipment Company, LLC reported $76,919 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $5,848 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 0.12% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 103rd-largest of 884 plans among Louisiana employers on file, and the 688th of 4,246 in wholesale trade. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$59,466,306
Participants with balances448
Active participants350
Employer contributions$2,046,868
Employee contributions$2,846,370
Employer contribution per active participant$5,848
Average account balance$132,737
Benefits paid to participants$4,498,358
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.5M · 448 accts · $2.0M emplr
2023$51.9M · 448 accts · $1.9M emplr
2022$43.2M · 442 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,919
Total administrative$76,919
The Scott Equipment Company, LLC 401(k) match · 2024
Employer contribution per active participant$5,848
Median for plans this size$3,635
2024$5,848 per active participant
2023$5,620 per active participant
2022$5,242 per active participant

Scott Equipment Company, LLC's 2024 employer contribution ran above the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$76,919
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$76,919 · 0.14%
2023$64,372 · 0.14%
2022$56,502 · 0.12%
Similar plansWholesale Trade · Louisiana
Morris & Dickson Co., LLC LA$75.5M · 0.14%
Zen-Noh Grain Corporation LA$71.5M · 0.20%
Crescent Crown Distributing LA$65.7M · 0.24%
Gordon Sales, Inc. LA$54.2M · 0.02%
Associated Grocers, Inc. LA$45.5M · 0.03%
Donovan Marine, Inc. LA$39.1M · 0.45%
Neill Corporation LA$34.5M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 726029611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.