Retirement plan

ARMANINO ADVISORY LLC 401(K) PROFIT SHARING PLAN

Name: ARMANINO ADVISORY LLC - ARMANINO ADVISORY LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: ARMANINO ADVISORY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARMANINO ADVISORY LLC 401(K) PROFIT SHARING PLAN, ARMANINO ADVISORY LLC

ARMANINO ADVISORY LLCEIN 94-6214841Plan #002PY 2024

2700 CAMINO RAMON, SUITE 350 - SAN RAMON, CA 94583925-790-2742

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$347.4M

+19.8% from 2023

Total participants

3,521

+0.2% from 2023

Average account balance

$101,723

+17.9% from 2023

Annual return

16.58%

-7.67 pp from 2023

Benchmarks

See 949 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort949 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$347.38M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

3,415

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.

95.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+16.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104

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 7 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.9 years Filed as: MILLIMAN Service code 15 · EIN 91-0675641	Recordkeeping	$229,768
MAI CAPITAL MANAGEMENT, LLC3 years Filed as: MAI CAPITAL MANAGEMENT LLC Service code 19 · EIN 61-1495162	Securities Custodian	$42,858
CHARLES SCHWAB & CO., INC.5 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$39,297
MAPLE CAPITAL MANAGEMENT, INC.1 year Filed as: MAPLE CAPITAL MANAGEMENT INC Service code 19 · EIN 20-0577885	Securities Custodian	$15,786
BRAND ASSET MANAGEMENT GROUP INC2 years Filed as: BRAND ASSET MGMT GROUP Service code 27 · EIN 43-1601121	Advisory (Plan)	$11,603
BLODGETT WEALTH ADVISORS LLC1 year Service code 27 · EIN 87-3175154	Advisory (Plan)	$8,093
CHARLES SCHWAB & CO., INC.10+ years Service code 19 · EIN 94-1737782	Securities Custodian	$1,602

Plan features & details

Pension benefit codes2E2G2J2R3H2F2A3B3D2X

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$356K

$138 / participant

Recordkeeping$230K64.5%
Trustee / custodial$126K35.4%
Other / not subdivided$4130.1%

% of EOY assets

0.103%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FARBER HASS HURLEY LLP
Auditor EIN: 204207759
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,723

$122,219-16.8%

$147,096-30.8%

$199,921-49.1%

Participation rate

95.9%

78.3%+17.6pp

82.2%+13.7pp

72.0%+23.9pp

Annual return

16.58%

30.59%-14.0pp

419.75%-403.2pp

34.28%-17.7pp

Employer contribution / active EE

$4,432

$4,096+8.2%

$4,936-10.2%

$3,035+46.0%

Participant deferral / active EE

$11,525

$8,503+35.5%

$8,071+42.8%

$5,089+126.5%

Admin fee / account holder

$104

$179-41.8%

$13,005-99.2%

$269-61.3%

Provider

Service type

Compensation

MILLIMAN, INC.9 years

Filed as: MILLIMAN

Service code 15 · EIN 91-0675641

Recordkeeping

$229,768

MAI CAPITAL MANAGEMENT, LLC3 years

Filed as: MAI CAPITAL MANAGEMENT LLC

Service code 19 · EIN 61-1495162

Securities Custodian

$42,858

CHARLES SCHWAB & CO., INC.5 years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$39,297

MAPLE CAPITAL MANAGEMENT, INC.1 year

Filed as: MAPLE CAPITAL MANAGEMENT INC

Service code 19 · EIN 20-0577885

Securities Custodian

$15,786

BRAND ASSET MANAGEMENT GROUP INC2 years

Filed as: BRAND ASSET MGMT GROUP

Service code 27 · EIN 43-1601121

Advisory (Plan)

$11,603

BLODGETT WEALTH ADVISORS LLC1 year

Service code 27 · EIN 87-3175154

Advisory (Plan)

$8,093

CHARLES SCHWAB & CO., INC.10+ years

Service code 19 · EIN 94-1737782

Securities Custodian

$1,602

ARMANINO ADVISORY LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARMANINO ADVISORY LLC 401(K) PROFIT SHARING 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