Retirement plan

ATTORNEYS INSURANCE MUTUAL OF THE SOUTH,RRG 401(K) PLAN

Name: ATTORNEYS INSURANCE MUTUAL OF THE SOUTH, INC. - ATTORNEYS INSURANCE MUTUAL OF THE SOUTH,RRG 401(K) PLAN (2024) Form 5500
Creator: ATTORNEYS INSURANCE MUTUAL OF THE SOUTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ATTORNEYS INSURANCE MUTUAL OF THE SOUTH,RRG 401(K) PLAN, ATTORNEYS INSURANCE MUTUAL OF THE SOUTH, INC.

ATTORNEYS INSURANCE MUTUAL OF THE SOUTH, INC.EIN 63-0980826Plan #001PY 2024

200 INVERNESS PARKWAY - BIRMINGHAM, AL 35242205-980-0009attorneysinsurancemutual.comLinkedIn1-10 employeesinsurance

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$605K

-0.3% from 2023

Total participants

0.0% from 2023

Average account balance

$100,775

-0.3% from 2023

Annual return

10.28%

+0.42 pp from 2023

Benchmarks

See 37,126 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,126 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$605K

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$110K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+10.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29781

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

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2G2J2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$179K

$29781 / participant

Other / not subdivided$179K100.0%

% of EOY assets

29.551%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$100,775

$201,344-49.9%

$184,243-45.3%

$145,877-30.9%

Participation rate

100.0%

87.5%+12.5pp

86.8%+13.2pp

80.3%+19.7pp

Annual return

10.28%

29.01%-18.7pp

28.82%-18.5pp

551.28%-541.0pp

Employer contribution / active EE

$7,887

$7,022+12.3%

$6,427+22.7%

$4,663+69.1%

Participant deferral / active EE

$10,511

$9,807+7.2%

$9,132+15.1%

$6,691+57.1%

Admin fee / account holder

$29,781

$16,382+81.8%

$13,914+114.0%

$13,402+122.2%

ATTORNEYS INSURANCE MUTUAL OF THE SOUTH,RRG 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ATTORNEYS INSURANCE MUTUAL OF THE SOUTH,RRG 401(K) 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