Transit Management of Southeast Louisiana retirement plan: assets, participants and fees
What Transit Management of Southeast Louisiana's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Pension Technology Group | Schedule C ↗ |
| Independent auditor | Duplantier, Hrapman, Hogan & Maher (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 96 pension plans in transportation and warehousing with 1,000 to 4,999 participants.
| Transit Management of Southeast Louisiana: employer contribution per participant | $12,493 | |
| Peer median | $3,069 |
| Transit Management of Southeast Louisiana: average balance | $109,383 | |
| Peer median | $76,711 |
| Transit Management of Southeast Louisiana: admin expenses ÷ assets | 11.99% | |
| Peer median | 0.72% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $218M at the end of plan year 2021 to $172M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,568 | $172M | $19.6M | $12,493 | 11.99% | Not published | Form 5500 ↗ |
| 2023 | 1,602 | $174M | $13.8M | $8,641 | 9.18% | Not published | Form 5500 ↗ |
| 2022 | 1,631 | $172M | $9.8M | $6,001 | 5.94% | Not published | Form 5500 ↗ |
| 2021 | 1,673 | $218M | $14M | $8,380 | 14.45% | Not published | Form 5500 ↗ |
Common questions
Does Transit Management of Southeast Louisiana match 401(k) contributions?
The match terms for the Transit Management of Southeast Louisiana, Inc. Retirement Income Plan have not been published from its filing yet. The plan year 2024 filing reports $19.6M in employer contributions, about $12,493 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Transit Management of Southeast Louisiana 401(k) match vested?
The vesting schedule for the Transit Management of Southeast Louisiana, Inc. Retirement Income Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Transit Management of Southeast Louisiana 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Pension Technology Group. The plan administrator is Transit Management of Southeast Louisiana, Inc..
I left Transit Management of Southeast Louisiana. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Transit Management of Southeast Louisiana, Inc., (504) 304-3321) or the recordkeeper, Pension Technology Group. The Transit Management of Southeast Louisiana old 401(k) page lists the contacts from every plan filing. Find an old Transit Management of Southeast Louisiana 401(k)
Data from the public Form 5500 annual reports Transit Management of Southeast Louisiana filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Transit Management of Southeast Louisiana. Not financial advice. Report a correction · Methodology