Plan Ledger DOL Form 5500 · updated monthly

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

THE POWELL GROUP EMPLOYEES' 401(K) PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

The Powell Group, L.L.C. reported $6,728 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $703 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 0.03% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other management of companies employers. By assets it is the 437th-largest of 884 plans among Louisiana employers on file, and 567th of 786 in management of companies. In 2024, employees put in $5.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,737,468
Participants with balances139
Active participants164
Employer contributions$115,302
Employee contributions$620,179
Employer contribution per active participant$703
Average account balance$70,054
Benefits paid to participants$1,067,881
Plan auditUnmodified (clean) audit opinion
AuditorTWRU CPA'S & FINANCIAL ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 139 accts · $115K emplr
2023$9.1M · 128 accts · $124K emplr
2022$9.2M · 144 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,853
Trustee / custodial$875
Total administrative$6,728
The The Powell Group, L.L.C. 401(k) match · 2024
Employer contribution per active participant$703
Median for plans this size$1,313
2024$703 per active participant
2023$726 per active participant
2022$539 per active participant

The Powell Group, L.L.C.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20241
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$5,853

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$6,728 · 0.07%
2023$8,394 · 0.09%
2022$3,268 · 0.03%
Same employer
Similar plansManagement of Companies · Louisiana
Laitram LLC LA$614.1M · 0.01%
E.D. & F. Man Holdings, Inc. LA$117.0M · 0.04%
Crest Industries, LLC LA$68.2M · 0.09%
Sabine, Bancshares, Inc. LA$20.1M · 0.06%
Tmc, Inc. LA$7.8M · 0.07%
Capitol Companies, Inc. LA$2.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720889792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.