Plan Ledger DOL Form 5500 · updated monthly

The Neuromedical Center, Inc.401(k)

THE NEUROMEDICAL CENTER, INC. PROFIT SHARING PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

The Neuromedical Center, Inc. reported $18,970 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,909 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 0.01% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 119th-largest of 884 plans among Louisiana employers on file, and the 1,822nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has grown from 160 to 181 since 2022.

Plan summary
Net assets, end of year$51,625,518
Participants with balances215
Active participants181
Employer contributions$1,431,464
Employee contributions$1,226,704
Employer contribution per active participant$7,909
Average account balance$240,119
Benefits paid to participants$5,533,365
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.6M · 215 accts · $1.4M emplr
2023$47.0M · 196 accts · $1.5M emplr
2022$41.3M · 205 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,970
Total administrative$18,970
The The Neuromedical Center, Inc. 401(k) match · 2024
Employer contribution per active participant$7,909
Median for plans this size$2,416
2024$7,909 per active participant
2023$8,433 per active participant
2022$8,295 per active participant

The Neuromedical Center, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
KT ADMINISTRATORS, LLC · Recordkeeping · Pension consulting$18,970
COHEN & STEERS CAPITAL MANAGEMENTindirect comp
SEI TRUST COMPANYindirect 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
2024KT ADMINISTRATORS, LLC
2023KT ADMINISTRATORS, LLC

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

Administrative cost history3
2024$18,970 · 0.04%
2023$11,200 · 0.03%
2022$5,750 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
Restorixhealth LA$48.0M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720827144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.