Plan Ledger DOL Form 5500 · updated monthly

Argent Financial Group, Inc.401(k)

ARGENT FINANCIAL GROUP 401(K) PLAN · RUSTON, LA · plan year 2024

Reported admin expense ratio · 2024
0.18%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Argent Financial Group, Inc. reported $122,121 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $3,300 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.16% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 84th-largest of 884 plans among Louisiana employers on file, and the 1,226th of 4,798 in finance & insurance. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has grown from 310 to 505 since 2022.

Plan summary
Net assets, end of year$75,990,165
Participants with balances506
Active participants505
Employer contributions$1,666,638
Employee contributions$4,958,312
Employer contribution per active participant$3,300
Average account balance$150,178
Benefits paid to participants$7,458,194
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE, A PROFESSIONAL ACCOUNTING
Plan history3
Yearassets · accounts · employer contribution
2024$76.0M · 506 accts · $1.7M emplr
2023$63.4M · 490 accts · $1.3M emplr
2022$42.3M · 320 accts · $862K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$122,121
Total administrative$122,121
The Argent Financial Group, Inc. 401(k) match · 2024
Employer contribution per active participant$3,300
Median for plans this size$3,635
2024$3,300 per active participant
2023$2,777 per active participant
2022$2,782 per active participant

Argent Financial Group, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ANNUITY INS CO OF AM. · Investment management$68,017
SENTINEL PENSION & PAYROLL · Contract administrator$34,810
EMPOWER ADVISORY GROUP, LLC · Investment management$15,609
CHARLES SCHWAB & CO · Securities brokerage$176

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$122,121 · 0.18%
2023$82,423 · 0.16%
2022$69,469 · 0.16%
Same employer
Similar plansFinance & Insurance · Louisiana
Origin Bancorp, Inc. LA$127.1M · 0.13%
B1BANK LA$86.6M · 0.17%
Home Bank NA LA$55.7M · 0.29%
Republic Finance, LLC LA$50.3M · 0.33%
Lammico LA$48.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721480307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.