Waldemar S Nelson & Company, Inc401(k)
WALDEMAR S. NELSON & COMPANY, INC. 401(K) RETIREMENT PLAN & TRUST · NEW ORLEANS, LA · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Waldemar S Nelson & Company, Inc reported $120,219 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. Employer contributions averaged $3,511 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 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 65th-largest of 884 plans among Louisiana employers on file, and the 1,505th of 11,654 in professional & technical services. In 2023, employees put in $3.55 for every $1.00 the employer contributed.
Waldemar S Nelson & Company, Inc's 2023 employer contribution ran below the $3,659 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 720488863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.