Plan Ledger DOL Form 5500 · updated monthly

Tanner Services, LLC401(k)

TANNER SERVICES, LLC 401K PROFIT SHARING PLAN SHARING PLAN · EUNICE, LA · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Tanner Services, LLC reported $74,423 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $433 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 0.73% to 0.92%. 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 (488th of 884), and 3,345th of 5,337 in construction. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has grown from 434 to 537 since 2022.

Plan summary
Net assets, end of year$8,286,164
Participants with balances218
Active participants537
Employer contributions$232,609
Employee contributions$697,829
Employer contribution per active participant$433
Average account balance$38,010
Benefits paid to participants$1,215,699
Plan auditUnmodified (clean) audit opinion
AuditorTHIBODAUX HEBERT DESHOTELS LEBLANC
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 218 accts · $233K emplr
2023$7.8M · 235 accts · $252K emplr
2022$7.0M · 216 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,423
Total administrative$74,423
The Tanner Services, LLC 401(k) match · 2024
Employer contribution per active participant$433
Median for plans this size$1,313
2024$433 per active participant
2023$486 per active participant
2022$544 per active participant

Tanner Services, LLC'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 · 20242
NATIONWIDE · Recordkeeping · Custodial (securities)$25,886
AVANTAX WEALTH MANAGEMENTindirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$74,423 · 0.92%
2023$55,265 · 0.75%
2022$55,311 · 0.73%
Same employer
Similar plansConstruction · Louisiana
Benton & Brown, L.L.C. LA$8.8M · 0.28%
River Birch LLC LA$8.7M · 0.39%
Group Industries, LLC LA$8.6M · 0.08%
Aqueos Corporation LA$7.7M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 510581042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.