Retirement plan

HGA 401(K) PLAN AND TRUST

Name: HUNT, GUILLOT & ASSOCIATES, LLC - HGA 401(K) PLAN AND TRUST (2024) Form 5500
Creator: HUNT, GUILLOT & ASSOCIATES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HGA 401(K) PLAN AND TRUST, HUNT, GUILLOT & ASSOCIATES, LLC

HUNT, GUILLOT & ASSOCIATES, LLCEIN 72-1354146Plan #001PY 2024

603 E. REYNOLDS DRIVE - RUSTON, LA 712702822318-255-6825hga-llc.comLinkedIn201-500 employeesmanagement consulting

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$59.8M

+21.1% from 2023

Total participants

705

+9.0% from 2023

Average account balance

$102,863

+17.1% from 2023

Annual return

15.02%

-2.59 pp from 2023

Benchmarks

See 3,298 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,298 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$59.76M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

581

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.

78.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+15.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$383

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

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
ARGENT TRUST COMPANY3 years Service code 27 500 EAST REYNOLDS DRIVE · RUSTON, LA 71270	Advisory (Plan)	$97,163
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$49,726
HEARD MCELROY & VESTAL, LLC10+ years Service code 13 · EIN 72-0398470 333 TEXAS STREET, SUITE 1525 · SHREVEPORT, LA 71101	Contract Administrator	$42,886
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$35,927
WEAVER AND TIDWELL, LLP3 years Service code 10 2821 W 7TH STREET SUITE 700 · FORT WORTH, TX 76107	Accounting	$15,330

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B3H

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).
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.
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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$222K

$387 / participant

Recordkeeping$27K12.3%
Investment mgmt$147K66.1%
Contract admin$33K14.8%
Other / not subdivided$15K6.9%

% of EOY assets

0.372%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEAVER AND TIDWELL LLP
Auditor EIN: 750786316
Audit fees: $15,330
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$102,863

$106,230-3.2%

$147,080-30.1%

$77,736+32.3%

Participation rate

78.4%

78.4%0pp

82.2%-3.8pp

70.6%+7.8pp

Annual return

15.02%

56.91%-41.9pp

420.17%-405.1pp

31.26%-16.2pp

Employer contribution / active EE

$3,650

$4,072-10.4%

$4,933-26.0%

$2,728+33.8%

Participant deferral / active EE

$7,468

$8,001-6.7%

$8,066-7.4%

$4,651+60.6%

Admin fee / account holder

$383

$338+13.1%

$12,989-97.1%

$433-11.7%

Provider

Service type

Compensation

ARGENT TRUST COMPANY3 years

Service code 27

500 EAST REYNOLDS DRIVE · RUSTON, LA 71270

Advisory (Plan)

$97,163

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$49,726

HEARD MCELROY & VESTAL, LLC10+ years

Service code 13 · EIN 72-0398470

333 TEXAS STREET, SUITE 1525 · SHREVEPORT, LA 71101

Contract Administrator

$42,886

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$35,927

WEAVER AND TIDWELL, LLP3 years

Service code 10

2821 W 7TH STREET SUITE 700 · FORT WORTH, TX 76107

Accounting

$15,330

HGA 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HGA 401(K) PLAN AND TRUST

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