Plan Ledger DOL Form 5500 · updated monthly

The Baton Rouge Water Works Company401(k)

CONSOLIDATED 401(K) PLAN OF BATON ROUGE WATER · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

The Baton Rouge Water Works Company reported $13,850 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,717 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 0.34% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Louisiana (572nd of 884), and 366th of 412 in utilities. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 155 to 228 since 2022.

Plan summary
Net assets, end of year$5,921,283
Participants with balances267
Active participants228
Employer contributions$619,430
Employee contributions$726,440
Employer contribution per active participant$2,717
Average account balance$22,177
Benefits paid to participants$279,301
Plan auditUnmodified (clean) audit opinion
AuditorHAWTHORN WAYMOUTH & CARROLL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 267 accts · $619K emplr
2023$4.2M · 231 accts · $503K emplr
2022$2.9M · 205 accts · $366K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,205
Investment management$11,645
Total administrative$13,850
The The Baton Rouge Water Works Company 401(k) match · 2024
Employer contribution per active participant$2,717
Median for plans this size$1,313
2024$2,717 per active participant
2023$2,467 per active participant
2022$2,360 per active participant

The Baton Rouge Water Works Company's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
ASCENSUS LLC · Recordkeeping$2,205
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$11,645

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$13,850 · 0.27%
2023$11,382 · 0.32%
2022$9,721 · 0.34%
Same employer
Similar plansUtilities · Louisiana
Retif Oil & Fuel, LLC LA$19.3M · 0.31%
M&J Valve Services Inc LA$7.0M · 0.60%
Sonnen, Inc. GA$6.2M · 0.83%
Sunworks, Inc. DE$5.9M · 1.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 720127240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.