Plan Snapshot
- Plan Sponsor: Foundation For Louisiana Students
- Sponsor EIN: 274876851
- Sponsor Address: 3113 VALLEY CREEK, BATON ROUGE, LA, 70808
- Plan Type: 401(k)
- Total Participants: 350
- Total Assets: $16.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 350 | $16.3M | $1.8M | $1.3M |
| 2023 | 313 | $13.7M | $1.7M | $1.2M |
| 2022 | 296 | $9.6M | $1.5M | $1.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| WEGMANN DAZET, APC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $107,327 | — | $107,327 | — | — |
| 2023 | $97,275 | — | $97,275 | — | — |
| 2022 | $76,117 | — | $76,117 | — | — |