Employers › Argent Financial Group

Argent Financial Group 401(k)

Finance and insurance
Ruston, LA
EIN 72-1480307
1 plan with Schedule H financials
Plan year 2024
Argent Financial Group, Inc.

Recordkeeping fees per participant · Argent Financial Group 401(k) Plan · plan year 2024

$169.32

Higher than 92% of the 5,847 plans $50 to 250M that report it.

Source

= $85,676 / 506
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250910074636NAL0013026995001, received 2025-09-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250910074636NAL0013026995001, received 2025-09-10

10th: $10.22median $69.9190th: $151.08

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-10.

OverviewFull recordProvidersYear over year

Cost and contributions

Administrative expenses excluding investment management, per participant

$241.35

10th: $16.21median $93.2090th: $246.84

Higher than 90% of the 8,758 plans $50 to 250M that report it.

Source

= $122,121 / 506
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250910074636NAL0013026995001, received 2025-09-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250910074636NAL0013026995001, received 2025-09-10

Administrative expenses per participant

$241.35

10th: $29.39median $132.8490th: $350.58

Higher than 78% of the 9,042 plans $50 to 250M that report it.

Source

= $122,121 / 506
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250910074636NAL0013026995001, received 2025-09-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250910074636NAL0013026995001, received 2025-09-10

Administrative expenses as a share of assets

0.161%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 58% of the 9,049 plans $50 to 250M that report it.

Source

= $122,121 / $75,994,665
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250910074636NAL0013026995001, received 2025-09-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250910074636NAL0013026995001, received 2025-09-10

Employer contributions per participant

$3,294

10th: $965median $2,73890th: $8,164

Higher than 60% of the 9,105 plans $50 to 250M that report it.

Source

= $1,666,638 / 506
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250910074636NAL0013026995001, received 2025-09-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250910074636NAL0013026995001, received 2025-09-10

Employer share of total contributions

16.2%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 11% of the 9,112 plans $50 to 250M that report it.

Source

= $1,666,638 / $10,304,417
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250910074636NAL0013026995001, received 2025-09-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250910074636NAL0013026995001, received 2025-09-10

Plan terms, as stated in Argent Financial Group, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250910074636NAL0013026995001, received 2025-09-10

Full record, Argent Financial Group 401(k) Plan

Field	Value	Source
Plan sponsor	ARGENT FINANCIAL GROUP, INC.	Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250910074636NAL0013026995001, received 2025-09-10
Plan name	ARGENT FINANCIAL GROUP 401(K) PLAN	Form 5500, line 1a; PLAN_NAME pos 16; filing 20250910074636NAL0013026995001, received 2025-09-10
Sponsor EIN / plan number	72-1480307 / 001	Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250910074636NAL0013026995001, received 2025-09-10
Plan type	single-employer	Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250910074636NAL0013026995001, received 2025-09-10
Sponsor location	RUSTON, LA	Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250910074636NAL0013026995001, received 2025-09-10
Industry (business code)	523900, Finance and insurance	Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250910074636NAL0013026995001, received 2025-09-10
Plan year	2024-01-01 to 2024-12-31	Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250910074636NAL0013026995001, received 2025-09-10
Filing received	2025-09-10	Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250910074636NAL0013026995001, received 2025-09-10
Final filing	no	Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250910074636NAL0013026995001, received 2025-09-10
Amended filing	no	Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250910074636NAL0013026995001, received 2025-09-10
Participants, beginning of year	547	Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250910074636NAL0013026995001, received 2025-09-10
Active participants	505	Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250910074636NAL0013026995001, received 2025-09-10
Participants, end of year	558	Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250910074636NAL0013026995001, received 2025-09-10
Participants with an account balance	506	Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250910074636NAL0013026995001, received 2025-09-10
Total assets, beginning of year	$63,486,102	Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250910074636NAL0013026995001, received 2025-09-10
Total assets, end of year	$75,994,665	Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250910074636NAL0013026995001, received 2025-09-10
Net assets, end of year	$75,990,165	Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250910074636NAL0013026995001, received 2025-09-10
Total income	$19,456,179	Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250910074636NAL0013026995001, received 2025-09-10
Net income	$11,875,864	Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250910074636NAL0013026995001, received 2025-09-10
Employer contributions	$1,666,638	Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250910074636NAL0013026995001, received 2025-09-10
Participant contributions	$4,958,312	Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250910074636NAL0013026995001, received 2025-09-10
Other contributions (incl. rollovers)	$3,679,467	Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250910074636NAL0013026995001, received 2025-09-10
Total contributions	$10,304,417	Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250910074636NAL0013026995001, received 2025-09-10
Benefit payments	$7,458,194	Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250910074636NAL0013026995001, received 2025-09-10
Total expenses (incl. benefit payments)	$7,580,315	Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250910074636NAL0013026995001, received 2025-09-10
Total administrative expenses	$122,121	Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250910074636NAL0013026995001, received 2025-09-10
Contract administrator fees	$36,445	Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250910074636NAL0013026995001, received 2025-09-10
Recordkeeping fees	$85,676	Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250910074636NAL0013026995001, received 2025-09-10
Administrative expenses excluding investment management	$122,121	derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250910074636NAL0013026995001, received 2025-09-10
Held in common/collective trusts	$113,899	Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250910074636NAL0013026995001, received 2025-09-10
Held in mutual funds	$57,706,851	Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250910074636NAL0013026995001, received 2025-09-10
Independent auditor	LAPORTE, A PROFESSIONAL ACCOUNTING	Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250910074636NAL0013026995001, received 2025-09-10

Position = column in the DOL layout for form year 2024. Filing 20250910074636NAL0013026995001, received 2025-09-10.

Service providers paid directly by the plan

Provider	Relationship	Service codes	Direct compensation	Indirect
EMPOWER ANNUITY INS CO OF AM.recordkeeper	RECORDKEEPER	64 Recordkeeping fees; 28 Investment management	$68,017	yes
SENTINEL PENSION & PAYROLL	CONTRACT ADMIN	13 Contract administrator	$34,810	yes
EMPOWER ADVISORY GROUP, LLC	INVESTMENT MANAGER	28 Investment management	$15,609	no
CHARLES SCHWAB & CO	BROKERAGE SERVICES	33 Securities brokerage	$176	yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250910074636NAL0013026995001, received 2025-09-10.

What changed since the 2023 plan year

Figure	2023	2024	Change
Total assets	$63,486,102	$75,994,665	19.7%
Participants with a balance	490	506	3.3%
Administrative expenses	$82,423	$122,121	48.2%
Recordkeeping fees per participant	not reported	$169.32
Employer contributions	$1,327,314	$1,666,638	25.6%

Prior filing 20241008104950NAL0008275363001, received 2024-10-08; the plan years are contiguous.

Alerts, claims and corrections

Sponsor name as filed: ARGENT FINANCIAL GROUP, INC.; SEC registrant: Argent Financial Group, Inc. (CIK 1521234, matched by EIN).