Plan Ledger DOL Form 5500 · updated monthly

The Arc of Ouachita401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF THE ARC OF OUACHITA · MONROE, LA · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

The Arc of Ouachita reported $999 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $315 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 1 year on file its reported administrative ratio rose from 0.02% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Louisiana (805th of 884), and 3,045th of 3,341 in other services. In 2023, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,122,374
Participants with balances90
Active participants108
Employer contributions$34,062
Employee contributions$71,940
Employer contribution per active participant$315
Average account balance$12,471
Benefits paid to participants$44,983
Plan auditUnmodified (clean) audit opinion
AuditorWOODARD & ASSOCIATES (APAC)
Plan history2
Yearassets · accounts · employer contribution
2023$1.1M · 90 accts · $34K emplr
2022$935K · 104 accts · $28K emplr
The The Arc of Ouachita 401(k) match · 2023
Employer contribution per active participant$315
Median for plans this size$1,308
2023$315 per active participant
2022$264 per active participant

The Arc of Ouachita's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$999

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

Administrative cost history2
2023$999 · 0.10%
2022$194 · 0.02%
Similar plansOther Services · Louisiana
Burner Fire Control Inc. LA$2.2M · 0.46%
B & S Equipment Co Inc LA$1.3M · 1.89%
Premiere, Inc. LA$1.0M · 0.23%
The Arc Baton Rouge LA$877K · 0.03%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 720568009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.