Retirement plan

SPECIALTY MANAGEMENT SERVICES OF OUACHITA, LLC 401(K) PLAN

Name: SPECIALTY MANAGEMENT SERVICES OF OUACHITA, LLC DBA ALLI MANAGEMENT SOL - SPECIALTY MANAGEMENT SERVICES OF OUACHITA, LLC 401(K) PLAN (2024) Form 5500
Creator: SPECIALTY MANAGEMENT SERVICES OF OUACHITA, LLC DBA ALLI MANAGEMENT SOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPECIALTY MANAGEMENT SERVICES OF OUACHITA, LLC 401(K) PLAN, SPECIALTY MANAGEMENT SERVICES OF OUACHITA, LLC DBA ALLI MANAGEMENT SOL

SPECIALTY MANAGEMENT SERVICES OF OUACHITA, LLC DBA ALLI MANAGEMENT SOLEIN 72-1509232Plan #001PY 2024

101 CATALPA STREET - MONROE, LA 71201318-998-7132

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$17.3M

+14.9% from 2023

Total participants

218

-1.8% from 2023

Average account balance

$98,819

+13.0% from 2023

Annual return

11.76%

-4.24 pp from 2023

Benchmarks

See 6,285 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,285 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.29M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

175

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.

77.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$422

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 3 by compensation

Provider	Service type	Compensation
WIPFLI LLP3 years Service code 14 · EIN 39-0758449	Plan Administrator	$33,441
ROLAND CRISS INVESTMENT RESEARCH1 year Filed as: ROLAND, CRISS INVESTMENT RESEARCH Service code 26 2011 E LAMAR BLVD · ARLINGTON, TX 76006	Advisory (Participants)	$20,550
SUMMIT FINANCIAL CORPORATION2 years Filed as: SUMMIT FINANCIAL WEALTH ADVISORS Service code 26 326 HEYMANN BOULEVARD · LAFAYETTE, LA 70505	Advisory (Participants)	$19,154

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$74K

$393 / participant

Recordkeeping$34K45.4%
Trustee / custodial$5830.8%
Investment mgmt$40K53.8%

% of EOY assets

0.427%

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: LAPORTE, A PUBLIC ACCOUNTING CORP.
Auditor EIN: 721088864
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$98,819

$101,591-2.7%

$147,096-32.8%

$74,429+32.8%

Participation rate

77.1%

75.5%+1.6pp

82.2%-5.1pp

67.2%+9.9pp

Annual return

11.76%

8746.45%-8734.7pp

419.75%-408.0pp

1368.38%-1356.6pp

Employer contribution / active EE

$2,913

$3,813-23.6%

$4,936-41.0%

$2,625+11.0%

Participant deferral / active EE

$5,363

$7,302-26.6%

$8,071-33.6%

$4,348+23.3%

Admin fee / account holder

$422

$1,750-75.9%

$13,005-96.8%

$1,944-78.3%

Provider

Service type

Compensation

WIPFLI LLP3 years

Service code 14 · EIN 39-0758449

Plan Administrator

$33,441

ROLAND CRISS INVESTMENT RESEARCH1 year

Filed as: ROLAND, CRISS INVESTMENT RESEARCH

Service code 26

2011 E LAMAR BLVD · ARLINGTON, TX 76006

Advisory (Participants)

$20,550

SUMMIT FINANCIAL CORPORATION2 years

Filed as: SUMMIT FINANCIAL WEALTH ADVISORS

Service code 26

326 HEYMANN BOULEVARD · LAFAYETTE, LA 70505

Advisory (Participants)

$19,154

SPECIALTY MANAGEMENT SERVICES OF OUACHITA, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPECIALTY MANAGEMENT SERVICES OF OUACHITA, LLC 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