Plan Snapshot
- Plan Sponsor: Ochsner Clinic Foundation
- Sponsor EIN: 720502505
- Sponsor Address: 1514 JEFFERSON HIGHWAY, NEW ORLEANS, LA, 701212429
- Plan Type: DB
- Total Participants: 1,260
- Total Assets: $444.2M
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 | 1,260 | $444.2M | $6.4M | $0 |
| 2023 | 1,347 | $446.7M | $5.9M | $0 |
| 2022 | 1,504 | $432.3M | $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 |
|---|---|---|---|---|
| CAPTRUST | Investment Advisor | $894,417 | — | $894,417 |
| BUCK GLOBAL, LLC | Other Service Provider | $295,963 | — | $295,963 |
| HANCOCK WHITNEY BANK | Other Service Provider | $116,842 | — | $116,842 |
| ERNST & YOUNG US LLP | Auditor | $99,658 | — | $99,658 |
| CARR, RIGGS & INGRAM, LLC | Other Service Provider | $59,700 | — | $59,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CAPTRUST — Investment Advisor
- ERNST & YOUNG US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,466,580
- Estimated Expense Ratio: 0.330% 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 | $2,186,136 | -$381,249 | — | $48,500 | — |
| 2023 | $3,843,248 | $27,401 | — | — | — |
| 2022 | $4,947,761 | $1,083,041 | — | — | $655,612 |