Plan Snapshot
- Plan Sponsor: Phelps Dunbar, LLP
- Sponsor EIN: 720358621
- Sponsor Address: 365 CANAL STREET, STE 2000, NEW ORLEANS, LA, 70130
- Plan Type: 401(k)
- Total Participants: 727
- Total Assets: $294.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 727 | $294.9M | $7.2M | $6.6M |
| 2023 | 634 | $258.9M | $6.5M | $5.8M |
| 2022 | 614 | $228.7M | $6.0M | $5.4M |
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 |
|---|---|---|---|---|
| MILLIMAN | Recordkeeper | $57,988 | — | $57,988 |
| CREATIVE PLANNING | Investment Advisor | $51,292 | — | $51,292 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $43,627 | — | $43,627 |
| NEWEDGE ADVISORS, LLC | Investment Advisor | $34,171 | — | $34,171 |
| HARDY REED, LLC | Investment Advisor | $25,778 | — | $25,778 |
| WAVERLY ADVISORS, LLC | Investment Advisor | $20,738 | — | $20,738 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $19,728 | — | $19,728 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — Recordkeeper
- CREATIVE PLANNING — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- NEWEDGE ADVISORS, LLC — Investment Advisor
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $253,322
- Estimated Expense Ratio: 0.086% 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 | $172,039 | $19,728 | — | $109,280 | — |
| 2023 | $180,092 | $15,950 | — | $84,911 | — |
| 2022 | $177,892 | $12,966 | — | — | — |