Plan Ledger DOL Form 5500 · updated monthly

Turner Industries Group, LLC401(k)

TURNER INDUSTRIES 401K PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Turner Industries Group, LLC reported $749,125 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,775 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 0.12% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 10th-largest of 884 plans among Louisiana employers on file, and the 126th of 5,337 in construction. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has shrunk from 17,371 to 8,048 since 2022.

Plan summary
Net assets, end of year$546,921,701
Participants with balances9,600
Active participants8,048
Employer contributions$22,333,727
Employee contributions$41,465,394
Employer contribution per active participant$2,775
Average account balance$56,971
Benefits paid to participants$65,852,693
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$546.9M · 9,600 accts · $22.3M emplr
2023$487.0M · 9,030 accts · $20.6M emplr
2022$415.4M · 9,165 accts · $20.9M emplr
The Turner Industries Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,775
Median for plans this size$4,294
2024$2,775 per active participant
2023$1,452 per active participant
2022$1,203 per active participant

Turner Industries Group, LLC's 2024 employer contribution ran below the $4,294 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$754,644
VANGUARD ADVISERS INC. · Investment advisory (participants)$7,281

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$749,125 · 0.14%
2023$572,984 · 0.13%
2022$559,560 · 0.12%
Same employer
Similar plansConstruction · Louisiana

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 721513047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.