Plan Ledger DOL Form 5500 · updated monthly

St. James Place of Baton Rouge403(b)

ST. JAMES PLACE OF BATON ROUGE 403(B) PLAN · BATON ROUGE, LA · plan year 2025

Reported admin expense ratio · 2025
1.04%

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

St. James Place of Baton Rouge reported $46,387 in plan administrative expenses for 2025: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $647 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 fell from 1.11% to 1.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (615th of 884), and 8,092nd of 11,911 in health care & social assistance. In 2025, employees put in $3.92 for every $1.00 the employer contributed; active participation has shrunk from 322 to 181 since 2022.

Plan summary
Net assets, end of year$4,683,664
Participants with balances157
Active participants181
Employer contributions$117,169
Employee contributions$459,734
Employer contribution per active participant$647
Average account balance$29,832
Benefits paid to participants$768,762
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$4.7M · 157 accts · $117K emplr
2024$4.2M · 174 accts · $118K emplr
2023$3.6M · 165 accts · $99K emplr
2022$2.9M · 150 accts · $92K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$32,527
Audit (IQPA)$13,860
Total administrative$46,387
Employer contributions to the St. James Place of Baton Rouge plan · 2025
Employer contribution per active participant$647
Median for plans this size$1,464
2025$647 per active participant
2024$369 per active participant
2023$297 per active participant
2022$286 per active participant

St. James Place of Baton Rouge's 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$32,527
CLIFTONLARSONALLEN LLP · Accounting / audit$13,860
RAYMOND JAMES & ASSOCIATES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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 history4
2025$46,387 · 1.04%
2024$37,257 · 0.96%
2023$26,252 · 0.82%
2022$34,972 · 1.11%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
Moreau Physical Therapy LA$4.9M · 1.37%
Union General Hospital LA$4.3M · 0.33%
Broadway Services Inc. LA$4.2M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720887915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.