Plan Ledger DOL Form 5500 · updated monthly

Washington - St. Tammany Electric Cooperative Inc.401(k)

WASHINGTON - ST. TAMMANY ELECTRIC COOPERATIVE, INC. EMPLOYEES' SAVINGS PLAN AND TRUST · FRANKLINTON, LA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Washington - St. Tammany Electric Cooperative Inc. reported $79,565 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $8,830 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 fell from 0.23% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 154th-largest of 884 plans among Louisiana employers on file, and the 200th of 412 in utilities. In 2024, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,235,249
Participants with balances115
Active participants100
Employer contributions$883,023
Employee contributions$913,884
Employer contribution per active participant$8,830
Average account balance$349,872
Benefits paid to participants$5,083,582
Plan auditUnmodified (clean) audit opinion
AuditorHAWTHORN, WAYMOUTH & CARROLL,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.2M · 115 accts · $883K emplr
2023$39.3M · 115 accts · $837K emplr
2022$32.9M · 116 accts · $721K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,840
Investment management$77,725
Total administrative$79,565
The Washington - St. Tammany Electric Cooperative Inc. 401(k) match · 2024
Employer contribution per active participant$8,830
Median for plans this size$2,416
2024$8,830 per active participant
2023$8,808 per active participant
2022$7,512 per active participant

Washington - St. Tammany Electric Cooperative 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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$1,840
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$77,725

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Washington - St. Tammany Electric Cooperative Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$79,565 · 0.20%
2023$72,994 · 0.20%
2022$82,324 · 0.23%
Similar plansUtilities · Louisiana
Entergy Corporation LA$4.4B · 0.02%
Cleco Power LLC LA$476.1M · 0.09%
Retif Oil & Fuel, LLC LA$19.3M · 0.31%
M&J Valve Services Inc LA$7.0M · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 726027617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.