Plan Snapshot
- Plan Sponsor: Louisiana Children'S Medical Center
- Sponsor EIN: 943480131
- Sponsor Address: 1100 POYDRAS ST., NEW ORLEANS, LA, 70163
- Plan Type: 403(b)
- Total Participants: 15,244
- Total Assets: $1.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 15,244 | $1.0B | $27.7M | $57.8M |
| 2023 | 13,357 | $866.7M | $23.8M | $49.1M |
| 2022 | 12,934 | $716.3M | $22.6M | $45.6M |
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 |
|---|---|---|---|---|
| FID INV INST OPS CO | RECORDKEEPER | $1,012,921 | — | $1,012,921 |
| STRATEGIC ADVISORS, INC. | INV. ADVISORY | $202,860 | — | $202,860 |
| LAPORTE, APAC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — INV. ADVISORY
- LAPORTE, APAC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,215,781
- Estimated Expense Ratio: 0.119% 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 |
|---|---|---|---|---|---|
| 2024 | $1,215,781 | $202,860 | $600 | — | — |
| 2023 | $1,099,033 | $138,420 | $50 | — | — |
| 2022 | $1,097,102 | $109,952 | — | — | — |