Plan Ledger DOL Form 5500 · updated monthly

Argi Holdings, Inc.ESOP

ARGI HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · LOUISVILLE, KY · plan year 2022

Reported admin expense ratio · 2022
0.48%

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

Argi Holdings, Inc. reported $127,036 in plan administrative expenses for 2022: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,905 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 1 year on file its reported administrative ratio fell from 0.48% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other management of companies employers. By assets it is the 182nd-largest of 871 plans among Kentucky employers on file, and the 328th of 786 in management of companies.

Plan summary
Net assets, end of year$37,893,411
Participants with balances267
Active participants253
Employer contributions$481,909
Employee contributions—
Employer contribution per active participant$1,905
Average account balance$141,923
Benefits paid to participants$616,186
Plan auditUnmodified (clean) audit opinion
AuditorHARDING SHYMANSKI & COMPANY PSC
Plan history2
Yearassets · accounts · employer contribution
2023$2.1M · 267 accts · $1.9M emplr
2022$37.9M · 267 accts · $482K emplr
Administrative expenses, itemized · 2022
Professional / advisory$127,000
Total administrative$127,036
Employer contributions to the Argi Holdings, Inc. plan · 2022
Employer contribution per active participant$1,905
Median for plans this size$2,266

Argi Holdings, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$37,028 · 0.19%
2022$127,036 · 0.48%
All plans at this employer2
ARGI FINANCIAL GROUP, LLC 401(K) PLAN401(k)
ARGI HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansManagement of Companies · Kentucky
Lbce Holdings, Inc. KY$154.7M · 0.07%
Interlock Industries, Inc. KY$38.8M · 0.08%
Monticello Bankshares, Inc. KY$15.7M · 0.02%
Hinkle Holding Co., LLC KY$13.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472632957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.