BRF Hospital Holdings, LLC DBA Ochsner Lsu Hospitals 401(k) Review & Grade
Brfhh Retirement Plan
Shreveport, LAHealth Care & Social Assistance3,184 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,461Employer $ per active participant
$3,808Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$178.4MNet plan assets, end of year
$43,541Average balance per account
Score breakdown
- Employer generosity42.1 / 5084th percentile for employer $ per participant
- Low cost9.4 / 2538th percentile for low admin cost vs. same-size plans
- Employee saving9.0 / 1560th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score71 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 84th |
| Lower admin cost | 38th |
| Employee saving | 60th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- BRF Hospital Holdings, LLC DBA Ochsner Lsu Hospitals put in about $3,461 per active participant, more than the typical peer ($800). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $11,017,893 |
| Participant (employee) contributions | $12,123,347 |
| Other contributions (incl. rollovers in) | $218,690 |
| Administrative expenses paid from the plan | $299,986 |
| Other admin expenses | $299,986 |
| Benefits paid out | $13,835,055 |
| Net assets, start / end of year | $150.0M / $178.4M |
| Active participants, start / end of year | 3,147 / 3,220 |
| Participants with account balances | 4,098 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Carr, Riggs & Ingram, L.L.C. |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $239,829 reported compensation |
| Vanguard Advisers Inc. | $81,158 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013165849NAL0000844387001, received 2025-10-13, EIN 46-3179229, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.