Plan Ledger DOL Form 5500 · updated monthly

The Newtron Group, L.L.C.401(k)

SAVINGS PLAN OF THE NEWTRON GROUP, L.L.C. AND SUBSIDIARIES · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

The Newtron Group, L.L.C. reported $188,822 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $447 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 0.10% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 55th-largest of 884 plans among Louisiana employers on file, and the 540th of 5,337 in construction. In 2024, employees put in $5.07 for every $1.00 the employer contributed; active participation has grown from 2,465 to 4,022 since 2022.

Plan summary
Net assets, end of year$117,943,625
Participants with balances1,283
Active participants4,022
Employer contributions$1,797,144
Employee contributions$9,116,005
Employer contribution per active participant$447
Average account balance$91,928
Benefits paid to participants$8,475,641
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.9M · 1,283 accts · $1.8M emplr
2023$101.7M · 1,224 accts · $1.7M emplr
2022$87.3M · 1,196 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,358
Investment management$32,664
Audit (IQPA)$24,800
Total administrative$188,822
The The Newtron Group, L.L.C. 401(k) match · 2024
Employer contribution per active participant$447
Median for plans this size$3,635
2024$447 per active participant
2023$620 per active participant
2022$629 per active participant

The Newtron Group, L.L.C.'s 2024 employer contribution ran below the $3,635 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$131,358
GALLAGHER FIDUCIARY ADVI · Investment advisory (plan)$32,664
HANNIS T BOURGEOIS · Accounting / audit$24,800
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$188,822 · 0.17%
2023$141,464 · 0.15%
2022$91,122 · 0.10%
Same employer
Similar plansConstruction · Louisiana
Aptim Corp. LA$208.7M · 0.09%
Isc Group, LLC LA$174.1M · 0.15%
Bernhard, LLC LA$139.9M · 0.13%
Boh Company, LLC LA$90.2M · 0.12%
Mmr Group, Inc. LA$85.0M · 0.14%
Sunland Construction, Inc. LA$54.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720955705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.