Plan Snapshot
- Plan Sponsor: Ark-La-Tex Financial Services, L
- Sponsor EIN: 752838184
- Sponsor Address: 5160 TENNYSON PARKWAY,, PLANO, TX, 75024
- Plan Type: 401(k)
- Total Participants: 679
- Total Assets: $60.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 679 | $60.7M | $872,939 | $4.8M |
| 2023 | 756 | $55.3M | $957,415 | $4.9M |
| 2022 | 848 | $47.1M | $1.2M | $5.8M |
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 |
|---|---|---|---|---|
| ADVISENT ASSURANCE, LLP | Auditor | — | — | $0 |
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 | $124,638 | $10,421 | — | — | — |
| 2023 | $131,847 | $9,601 | — | — | — |
| 2022 | $130,014 | — | — | — | — |