Plan Snapshot
- Plan Sponsor: Louisiana Horsemens Pension Trust
- Sponsor EIN: 726154124
- Sponsor Address: 1535 GENTILLY BLVD, NEW ORLEANS, LA, 701192215
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 173
- Total Assets: $4.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 173 | $4.4M | $0 | $0 |
| 2023 | 178 | $3.7M | $0 | $0 |
| 2022 | 172 | $3.4M | $0 | $0 |
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 |
|---|---|---|---|---|
| HBPA | Other Service Provider | $69,500 | — | $69,500 |
| ERICKSEN KRENTEL,LLP | Other Service Provider | $35,190 | — | $35,190 |
| RICHARD CPAS | Other Service Provider | $14,750 | — | $14,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,440
- Estimated Expense Ratio: 2.710% 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 | $384,406 | $28,870 | $69,500 | — | — |
| 2023 | $239,342 | $24,553 | $75,000 | — | — |
| 2022 | $189,497 | $23,913 | $79,200 | — | $36,484 |