Retirement plan

ARKANSAS TELEPHONE COMPANY, INC 401(K) PLAN

Name: ARKANSAS TELEPHONE COMPANY, INC. - ARKANSAS TELEPHONE COMPANY, INC 401(K) PLAN (2022) 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 2022

128 CHURCH STREET, P.O. BOX 69 - CLINTON, AR 72031501-725-2114LinkedIn11-50 employeestelecommunications

Other plans on this EIN

1 filing

#001Retirement-$3.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$460K

+12.1% from 2021

Total participants

0.0% from 2021

Average account balance

$30,676

+12.1% from 2021

Annual return

-9.28%

-20.75 pp from 2021

Benchmarks

See 10,380 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort10,380 peers

Snapshot2022

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

$33K

$2322 / participant

Other / not subdivided$33K100.0%

% of EOY assets

7.065%

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

$30,676

$99,668-69.2%

$86,451-64.5%

$134,545-77.2%

Participation rate

100.0%

82.1%+17.9pp

80.3%+19.7pp

81.2%+18.8pp

Annual return

-9.28%

6789.61%-6798.9pp

4398.51%-4407.8pp

418.37%-427.6pp

Employer contribution / active EE

$3,378

$4,403-23.3%

$3,770-10.4%

$4,742-28.8%

Participant deferral / active EE

$4,746

$7,249-34.5%

$6,953-31.7%

$6,401-25.9%

Admin fee / account holder

$2,167

$8,377-74.1%

$6,734-67.8%

$11,431-81.0%

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