Plan Ledger DOL Form 5500 · updated monthly

Westport, L.L.C.401(k)

WESTPORT RETIREMENT PLAN · CUT OFF, LA · plan year 2024

Reported admin expense ratio · 2024
0.10%

Westport, L.L.C. reported $10,838 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. 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 0.13% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 404th-largest of 884 plans among Louisiana employers on file, and 8,360th of 13,661 in manufacturing. active participation has shrunk from 185 to 165 since 2022.

Plan summary
Net assets, end of year$11,008,811
Participants with balances215
Active participants165
Employer contributions—
Employee contributions$386,132
Employer contribution per active participant—
Average account balance$51,204
Benefits paid to participants$1,022,873
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 215 accts
2023$10.3M · 226 accts
2022$9.4M · 239 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,338
Investment management$5,500
Total administrative$10,838
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 · 20244
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$5,338
REGIONS BANK · Consulting · Investment advisory (plan)$5,500
MATRIX TRUST COMPANY · Custodial · Custodial (securities)indirect comp
MSCS FS DIV OF BROADRIDGE BPO, LLCindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$10,838 · 0.10%
2023$11,982 · 0.12%
2022$13,231 · 0.13%
Same employer
Similar plansManufacturing · Louisiana
Mid South Extrusion, Inc LA$13.9M · 0.38%
Brask, Inc. LA$13.7M · 0.39%
Gravois Aluminum Boats, LLC LA$11.2M · 0.06%
Aries Marine Corporation LA$9.9M · 0.26%
Michael Reilly Design LLC LA$9.5M · 0.05%
Cembell Industries, Inc. LA$8.9M · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465463541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.