Retirement plan

CHICKASAW HOLDING COMPANY EMPLOYEES' 401(K) PLAN

Name: CHICKASAW HOLDING COMPANY - CHICKASAW HOLDING COMPANY EMPLOYEES' 401(K) PLAN (2024) Form 5500
Creator: CHICKASAW HOLDING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHICKASAW HOLDING COMPANY EMPLOYEES' 401(K) PLAN, CHICKASAW HOLDING COMPANY

CHICKASAW HOLDING COMPANYEIN 73-1370937Plan #002PY 2024

P.O. BOX 460 - SULPHUR, OK 73086580-622-2111chickasawholding.comLinkedIn201-500 employeestelecommunications

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$38.5M

+14.9% from 2023

Total participants

305

+7.8% from 2023

Average account balance

$132,712

+12.2% from 2023

Annual return

14.82%

-4.15 pp from 2023

Benchmarks

See 6,280 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,280 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.49M

Not enough data

1 years with asset history on file

Average account balance

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

$133K

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.

290

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.

92.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

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
JP MORGAN INVESTMENT MANAGEMENT INC7 years Filed as: WESTSIDE INVESTMENT MANAGEMENT INC Service code 27 4707 EXECUTIVE DR. · SAN DIEGO, CA 92121	Advisory (Plan)	$66,924
TRISTAR PENSION LTD10+ years Service code 13 9150 N. MAY AVENUE SUITE A · OKLAHOMA CITY, OK 73120	Contract Administrator	$40,113
AMERICAN FUNDS6 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$4,187

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$132,712

$101,653+30.6%

$147,080-9.8%

$74,459+78.2%

Participation rate

92.4%

75.6%+16.8pp

82.2%+10.2pp

67.2%+25.2pp

Annual return

14.82%

8754.98%-8740.2pp

420.17%-405.4pp

1369.70%-1354.9pp

Employer contribution / active EE

$5,807

$3,813+52.3%

$4,933+17.7%

$2,626+121.1%

Participant deferral / active EE

$6,334

$7,304-13.3%

$8,066-21.5%

$4,350+45.6%

Admin fee / account holder

$1,752-100.0%

$12,989-100.0%

$1,945-100.0%

Provider

Service type

Compensation

JP MORGAN INVESTMENT MANAGEMENT INC7 years

Filed as: WESTSIDE INVESTMENT MANAGEMENT INC

Service code 27

4707 EXECUTIVE DR. · SAN DIEGO, CA 92121

Advisory (Plan)

$66,924

TRISTAR PENSION LTD10+ years

Service code 13

9150 N. MAY AVENUE SUITE A · OKLAHOMA CITY, OK 73120

Contract Administrator

$40,113

AMERICAN FUNDS6 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$4,187

CHICKASAW HOLDING COMPANY EMPLOYEES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHICKASAW HOLDING COMPANY EMPLOYEES' 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