Retirement plan

ARGENT FINANCIAL GROUP 401(K) PLAN

Name: ARGENT FINANCIAL GROUP, INC. - ARGENT FINANCIAL GROUP 401(K) PLAN (2015) Form 5500
Creator: ARGENT FINANCIAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARGENT FINANCIAL GROUP 401(K) PLAN, ARGENT FINANCIAL GROUP, INC.

ARGENT FINANCIAL GROUP, INC.EIN 72-1480307Plan #001PY 2015

500 EAST REYNOLDS DRIVE - RUSTON, LA 71270318-251-5800argentfinancial.comLinkedIn201-500 employeesfinancial services

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed January 15, 2025 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

500 E Reynolds Drive

Rushton, LA 71270

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (2)

Argent Financial Group, Inc. Supplemental Executive Retirement Plan1 emp
Argent Financial Group, Inc. Nonqualified Deferred Compensation Plan1 emp

Total covered: 2 employees

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Total assets (EOY)

$9.5M

No prior year

Total participants

193

No prior year

Average account balance

$59,118

No prior year

Annual return

1.13%

No prior year

Benchmarks

See 2,156 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,156 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$75.99M

Not enough data

1 years with asset history on file

Average account balance

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

$150K

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.

506

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.

89.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+21.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$241

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
SENTINEL PENSION ADVISORS1+ years Filed as: SENTINEL PENSION & PAYROLL Service code 13 6811 JEFFERSON HWY · BATON ROUGE, LA 70806	Contract Administrator	$7,109
SENTINEL PENSION ADVISORS1+ years Filed as: SENTINEL PENSION & PAYROLL, LLC Service code 13	Contract Administrator	$5,298

Plan features & details

Pension benefit codes2E2G2J2K2R2T3D3H

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$5K

$30 / participant

Investment mgmt$5K87.2%
Contract admin$67512.8%

% of EOY assets

0.056%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: LAPORTE, A PROFESSIONAL ACCOUNTING
Auditor EIN: 721088864
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,118

$70,667-16.3%

$123,105-52.0%

$52,331+13.0%

Participation rate

81.5%

83.7%-2.3pp

86.8%-5.3pp

68.1%+13.4pp

Annual return

1.13%

6.23%-5.1pp

13.22%-12.1pp

4.54%-3.4pp

Employer contribution / active EE

$1,930

$2,946-34.5%

$5,151-62.5%

$1,882+2.5%

Participant deferral / active EE

$6,500

$4,493+44.7%

$6,229+4.4%

$3,022+115.1%

Admin fee / account holder

$33

$506-93.5%

$9,014-99.6%

$592-94.4%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS1+ years

Filed as: SENTINEL PENSION & PAYROLL

Service code 13

6811 JEFFERSON HWY · BATON ROUGE, LA 70806

Contract Administrator

$7,109

SENTINEL PENSION ADVISORS1+ years

Filed as: SENTINEL PENSION & PAYROLL, LLC

Service code 13

Contract Administrator

$5,298

ARGENT FINANCIAL GROUP 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARGENT FINANCIAL GROUP 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

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