Plan Snapshot
- Plan Sponsor: Hannis T. Bourgeois, LLP
- Sponsor EIN: 720636725
- Sponsor Address: 2322 TREMONT DRIVE, BATON ROUGE, LA, 70809
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 187
- Total Assets: $40.3M
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. |
|---|---|---|---|---|
| 2025 | 187 | $40.3M | $0 | $0 |
| 2024 | 142 | $33.7M | $397,078 | $1.1M |
| 2023 | 137 | $33.9M | $369,628 | $986,063 |
| 2022 | 131 | $27.6M | $328,567 | $876,820 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $102,265 | — | $102,265 |
| LPL FINANCIAL CORPORATION | Investment Advisor | — | $54,476 | $54,476 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $156,741
- Estimated Expense Ratio: 0.389% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $1,122,992 | — | $105,876 | — | — |
| 2024 | $94,337 | — | — | — | — |
| 2023 | $78,083 | — | — | — | — |
| 2022 | $72,479 | — | — | — | — |