Plan Snapshot
- Plan Sponsor: Argano, LLC
- Sponsor EIN: 851176161
- Sponsor Address: 6111 W. PLANO PARKWAY, PLANO, TX, 75093
- Plan Type: 401(k)
- Total Participants: 894
- Total Assets: $123.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 894 | $123.5M | $3.3M | $12.2M |
| 2023 | 1,030 | $108.4M | $3.1M | $11.8M |
| 2022 | 684 | $36.5M | $754,522 | $3.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $175,415 | — | $175,415 |
| OPPENHEIMER & COMPANY INC. | FINANCIAL ADVISOR | $65,000 | — | $65,000 |
| ARMANINO, LLP | TPA | $16,828 | — | $16,828 |
| FORVIS, LLP | AUDITOR | $14,175 | — | $14,175 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
- FORVIS, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $271,418
- Estimated Expense Ratio: 0.220% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $221,932 | — | $193,926 | — | — |
| 2023 | $342,840 | $14,390 | $190,995 | $65,400 | — |
| 2022 | $94,257 | — | — | — | — |