Plan Ledger DOL Form 5500 · updated monthly

Start Corporation403(b)

START CORPORATION 403(B) PLAN · HOUMA, LA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Start Corporation reported $950 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,137 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 0.17% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Louisiana (616th of 884), and 2,365th of 3,341 in other services. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 227 to 282 since 2022.

Plan summary
Net assets, end of year$4,662,573
Participants with balances315
Active participants282
Employer contributions$320,774
Employee contributions$506,471
Employer contribution per active participant$1,137
Average account balance$14,802
Benefits paid to participants$280,837
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN AND PELLEGRIN CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 315 accts · $321K emplr
2023$3.6M · 295 accts · $273K emplr
2022$2.7M · 271 accts · $227K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$900
Total administrative$950
Employer contributions to the Start Corporation plan · 2024
Employer contribution per active participant$1,137
Median for plans this size$1,313
2024$1,137 per active participant
2023$1,141 per active participant
2022$1,002 per active participant

Start Corporation's 2024 employer contribution ran below the $1,313 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
LPL FINANCIAL CORPORATION · Investment advisory (plan)$13,397

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$950 · 0.02%
2023$412 · 0.01%
2022$4,752 · 0.17%
Same employer
Similar plansOther Services · Louisiana
New Orleans Country Club LA$6.1M · 0.06%
The Blood Center LA$6.0M · 0.67%
Adriatic Marine, L.L.C. LA$4.3M · 0.47%
Ohio Management, LLC LA$4.0M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 581687098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.