Plan Snapshot
- Plan Sponsor: St. Joseph Holdings, LLC
- Sponsor EIN: 800109664
- Sponsor Address: 10615 JEFFERSON HIGHWAY, BATON ROUGE, LA, 70809
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 785
- Total Assets: $1.2M
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 | 785 | $1.2M | $5.8M | $2.7M |
| 2023 | 726 | $1.2M | $5.3M | $2.5M |
| 2022 | 661 | $490,396 | $4.6M | $2.3M |
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 |
|---|---|---|---|---|
| BLUE CROSS AND BLUE SHIELD OF LA | Recordkeeper | $551,609 | — | $551,609 |
| HUB INTERNATIONAL MIDWEST | Investment Advisor | $29,057 | — | $29,057 |
| NATIONAL BENEFIT CORPORATION | Investment Advisor | $11,220 | — | $11,220 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $591,886
- Estimated Expense Ratio: 49.388% 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 | $565,123 | — | $551,609 | — | — |
| 2023 | $528,876 | — | — | — | — |
| 2022 | $485,676 | — | — | — | — |