Plan Snapshot
- Plan Sponsor: Argent Financial Group, INC.
- Sponsor EIN: 721480307
- Sponsor Address: 500 EAST REYNOLDS DRIVE, RUSTON, LA, 71720
- Plan Type: 401(k)
- Total Participants: 505
- Total Assets: $76.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 505 | $76.0M | $1.7M | $5.0M |
| 2023 | 478 | $63.5M | $1.3M | $3.8M |
| 2022 | 310 | $42.3M | $862,387 | $2.9M |
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 |
|---|---|---|---|---|
| LAPORTE, A PROFESSIONAL ACCOUNTING | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPORTE, A PROFESSIONAL ACCOUNTING — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $122,121 | — | $36,445 | — | — |
| 2023 | $82,423 | — | $82,423 | — | — |
| 2022 | $69,469 | — | $69,469 | — | — |