Plan Ledger DOL Form 5500 · updated monthly

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

WESTPORT LINEN SERVICE 401(K) PLAN · BATON ROUGE, LA · plan year 2022

Reported admin expense ratio · 2022
1.48%

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

Westport Linen Service, L.L.C. reported $12,775 in plan administrative expenses for 2022: 1.48% of average plan assets, above the peer median. Employer contributions averaged $453 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Louisiana (834th of 884), and 3,114th of 3,341 in other services. In 2022, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$789,393
Participants with balances48
Active participants154
Employer contributions$69,709
Employee contributions$105,612
Employer contribution per active participant$453
Average account balance$16,446
Benefits paid to participants$114,170
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE CPA'S AND BUSINESS ADVISORS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,775
Total administrative$12,775
The Westport Linen Service, L.L.C. 401(k) match · 2022
Employer contribution per active participant$453
Median for plans this size$331

Westport Linen Service, L.L.C.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,775 · 1.48%
Similar plansOther Services · Louisiana
The Arc of Ouachita LA$1.1M · 0.10%
Premiere, Inc. LA$1.0M · 0.23%
The Arc Baton Rouge LA$877K · 0.03%
The Arc of St Charles LA$697K · 0.02%
Sti, LLC LA$167K · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721465929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.