Retirement plan

CALLAWAY SECURITY BANKS, INC. 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN

Name: CALLAWAY SECURITY BANKS, INC. - CALLAWAY SECURITY BANKS, INC. 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: CALLAWAY SECURITY BANKS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALLAWAY SECURITY BANKS, INC. 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN, CALLAWAY SECURITY BANKS, INC.

CALLAWAY SECURITY BANKS, INC.EIN 43-1214879Plan #004PY 2023

5 EAST 5TH STREET - FULTON, MO 65251573-642-3322

Prospect flagsRecently reached 100 employees

How to read this page

Total assets (EOY)

$11.4M

+16.1% from 2022

Total participants

172

-5.0% from 2022

Average account balance

$68,609

-39.2% from 2022

Annual return

16.10%

+28.89 pp from 2022

Benchmarks

See 2,154 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,154 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$12.08M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$77K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

157

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$752K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.84%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$193

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

See the 8-year trajectory. $4.99 for your first month.

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
FIDUCIARY INVESTMENT ADVISORS5 years Filed as: FIDUCIARY ADVISORS Service code 27 12813 FLUSHING MEADOWS DRIVE · ST. LOUIS, MO 63131	Advisory (Plan)	$24,556

Plan features & details

Pension benefit codes2E2F2J2K2O2S2T3H3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$27K

$241 / participant

Recordkeeping$3K9.9%
Investment mgmt$25K90.1%

% of EOY assets

0.239%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: FORVIS MARZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,609

$130,194-47.3%

$169,993-59.6%

$71,457-4.0%

Participation rate

94.7%

86.1%+8.5pp

87.0%+7.7pp

67.9%+26.8pp

Annual return

16.10%

20.37%-4.3pp

53.37%-37.3pp

28.85%-12.7pp

Employer contribution / active EE

$2,470

$4,381-43.6%

$6,785-63.6%

$2,588-4.5%

Participant deferral / active EE

$4,477

$6,923-35.3%

$10,408-57.0%

$4,289+4.4%

Admin fee / account holder

$164

$966-83.0%

$12,815-98.7%

$1,587-89.7%

Provider

Service type

Compensation

FIDUCIARY INVESTMENT ADVISORS5 years

Filed as: FIDUCIARY ADVISORS

Service code 27

12813 FLUSHING MEADOWS DRIVE · ST. LOUIS, MO 63131

Advisory (Plan)

$24,556

CALLAWAY SECURITY BANKS, INC. 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALLAWAY SECURITY BANKS, INC. 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion