Plan Ledger DOL Form 5500 · updated monthly

Specialists Hospital Shreveport, L.L.C.401(k)

SPECIALISTS HOSPITAL SHREVEPORT, LLC 401(K) PLAN · SHREVEPORT, LA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Specialists Hospital Shreveport, L.L.C. reported $27,959 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $172 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 0.38% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (542nd of 884), and 6,999th of 11,911 in health care & social assistance. In 2024, employees put in $5.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,731,391
Participants with balances329
Active participants154
Employer contributions$26,411
Employee contributions$149,095
Employer contribution per active participant$172
Average account balance$20,460
Benefits paid to participants$689,646
Plan auditUnmodified (clean) audit opinion
AuditorTMCE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 329 accts · $26K emplr
2023$6.5M · 309 accts · $373K emplr
2022$5.6M · 294 accts · $335K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,880
Investment management$25,079
Total administrative$27,959
The Specialists Hospital Shreveport, L.L.C. 401(k) match · 2024
Employer contribution per active participant$172
Median for plans this size$1,313
2024$172 per active participant
2023$2,453 per active participant
2022$2,188 per active participant

Specialists Hospital Shreveport, L.L.C.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
MORGAN STANLEY · Investment advisory (plan) · Recordkeeping$25,079

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

Recordkeeper by year2
2024Morgan Stanley
2023Morgan Stanley

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

Administrative cost history3
2024$27,959 · 0.42%
2023$25,780 · 0.43%
2022$23,242 · 0.38%
Similar plansHealth Care & Social Assistance · Louisiana
Team Staffing, LLC LA$7.2M · 1.28%
Acadiana C.A.R.E.S., Inc. LA$6.1M · 0.02%
Arc of Acadiana, Inc. LA$5.8M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208810573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.