Plan Snapshot
- Plan Sponsor: South Louisiana Bank, INC
- Sponsor EIN: 720884012
- Sponsor Address: 1362 WEST TUNNEL BLVD., HOUMA, LA, 70360
- Plan Type: 401(k)
- Total Participants: 129
- Total Assets: $16.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 129 | $16.9M | $423,004 | $540,868 |
| 2023 | 131 | $16.0M | $387,053 | $491,441 |
| 2022 | 121 | $17.2M | $386,552 | $461,246 |
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 |
|---|---|---|---|---|
| EISNERAMPER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $18,200 | $13,650 | $4,050 | — | — |
| 2023 | $14,600 | $11,000 | $3,450 | — | — |
| 2022 | $13,650 | — | — | — | — |