Plan Snapshot
- Plan Sponsor: Pala Group, INC.
- Sponsor EIN: 720932277
- Sponsor Address: 16347 OLD HAMMOND HIGHWAY, BATON ROUGE, LA, 708161730
- Plan Type: 401(k)
- Total Participants: 492
- Total Assets: $25.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 492 | $25.5M | $678 | $1.4M |
| 2023 | 344 | $24.6M | $0 | $1.3M |
| 2022 | 385 | $19.5M | $0 | $1.2M |
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 |
|---|---|---|---|---|
| HANNIS T. BOURGEOIS, LLP | Auditor | $10,401 | — | $10,401 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HANNIS T. BOURGEOIS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,401
- Estimated Expense Ratio: 0.041% 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 | $148,611 | $41,071 | -$1,217 | $10,401 | — |
| 2023 | $132,683 | — | $130,956 | $1,727 | — |
| 2022 | $161,243 | — | — | — | $161,243 |