Retirement plan

ARKANSAS TELEPHONE COMPANY, INC 401(K) PLAN

Name: ARKANSAS TELEPHONE COMPANY, INC. - ARKANSAS TELEPHONE COMPANY, INC 401(K) PLAN (2020) Form 5500
Creator: ARKANSAS TELEPHONE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARKANSAS TELEPHONE COMPANY, INC 401(K) PLAN, ARKANSAS TELEPHONE COMPANY, INC.

ARKANSAS TELEPHONE COMPANY, INC.EIN 71-0267882Plan #002PY 2020

P O BOX 69 - CLINTON, AR 72031501-745-2114LinkedIn11-50 employeestelecommunications

Other plans on this EIN

1 filing

#001Retirement-$5.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$303K

+57.9% from 2019

Total participants

-5.9% from 2019

Average account balance

$18,961

+67.8% from 2019

Annual return

18.75%

-2.86 pp from 2019

Benchmarks

See 9,162 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort9,162 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.24M

Not enough data

1 years with asset history on file

Average account balance

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

$170K

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

$167K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+320.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10460

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 codes2J

Plan features

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

$25K

$1566 / participant

Other / not subdivided$25K100.0%

% of EOY assets

8.259%

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

$18,961

$115,917-83.6%

$100,535-81.1%

$158,982-88.1%

Participation rate

100.0%

81.6%+18.4pp

79.4%+20.6pp

82.0%+18.0pp

Annual return

18.75%

34.80%-16.1pp

30.90%-12.1pp

302.99%-284.2pp

Employer contribution / active EE

$3,107

$4,105-24.3%

$3,419-9.1%

$4,763-34.8%

Participant deferral / active EE

$3,107

$6,677-53.5%

$6,271-50.5%

$5,983-48.1%

Admin fee / account holder

$1,566

$11,002-85.8%

$8,085-80.6%

$11,252-86.1%

ARKANSAS TELEPHONE COMPANY, INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARKANSAS TELEPHONE COMPANY, INC 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