Plan Ledger DOL Form 5500 · updated monthly

The Arc of Greater New Orleans401(k)

ARC OF GREATER NEW ORLEANS 401(K) PLAN · METAIRIE, LA · plan year 2022

Employer contribution per participant · 2022
$128

The Arc of Greater New Orleans's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,304,337 across 122 participant accounts, with employer contributions averaging $128 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Louisiana (798th of 884), and 3,009th of 3,341 in other services. In 2022, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,304,337
Participants with balances122
Active participants208
Employer contributions$26,545
Employee contributions$54,330
Employer contribution per active participant$128
Average account balance$10,691
Benefits paid to participants$298,725
Plan auditUnmodified (clean) audit opinion
AuditorRICHARD CPAS, LLC
The The Arc of Greater New Orleans 401(k) match · 2022
Employer contribution per active participant$128
Median for plans this size$1,114

The Arc of Greater New Orleans's 2022 employer contribution ran below the $1,114 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.

Same employer
Similar plansOther Services · Louisiana
Dean Equipment, Inc LA$2.5M · 0.10%
Burner Fire Control Inc. LA$2.2M · 0.46%
B & S Equipment Co Inc LA$1.3M · 1.89%
The Arc of Ouachita LA$1.1M · 0.10%
Premiere, Inc. LA$1.0M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720456903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.