Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Clark Capital Management Group
Clark Capital Management Group 401(k)
- Finance and insurance
- Philadelphia, PA
- EIN 23-2420504
- 1 plan with Schedule H financials
- Plan year 2024
- Clark Capital Management Group, Inc.
Administrative expenses excluding investment management, per participant · Clark Capital Management Group, Inc. 401(k) Plan · plan year 2024
$305.91
Higher than 87% of the 24,371 plans $10 to 50M that report it.
Source
= $51,393 / 168
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002084725NAL0000195233001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002084725NAL0000195233001, received 2025-10-02
Percentiles compare this plan with the Schedule H plans $10 to 50M 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 2025-10-02.
Cost and contributions
Administrative expenses per participant
$305.91
Higher than 73% of the 25,098 plans $10 to 50M that report it.
Source
= $51,393 / 168
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002084725NAL0000195233001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002084725NAL0000195233001, received 2025-10-02
Administrative expenses as a share of assets
0.146%
Higher than 27% of the 25,132 plans $10 to 50M that report it.
Source
= $51,393 / $35,236,348
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002084725NAL0000195233001, received 2025-10-02
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002084725NAL0000195233001, received 2025-10-02
Employer contributions per participant
$7,599
Higher than 97% of the 24,050 plans $10 to 50M that report it.
Source
= $1,276,559 / 168
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002084725NAL0000195233001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002084725NAL0000195233001, received 2025-10-02
Employer share of total contributions
30.2%
Higher than 59% of the 24,084 plans $10 to 50M that report it.
Source
= $1,276,559 / $4,222,294
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002084725NAL0000195233001, received 2025-10-02
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002084725NAL0000195233001, received 2025-10-02
Plan terms, as stated in Clark Capital Management Group, Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251002084725NAL0000195233001, received 2025-10-02
Full record, Clark Capital Management Group, Inc. 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CLARK CAPITAL MANAGEMENT GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Plan name | CLARK CAPITAL MANAGEMENT GROUP, INC. 401K PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Sponsor EIN / plan number | 23-2420504 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Sponsor location | PHILADELPHIA, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Industry (business code) | 523900, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Filing received | 2025-10-02 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Participants, beginning of year | 163 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Active participants | 151 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Participants, end of year | 172 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Participants with an account balance | 168 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Total assets, beginning of year | $30,182,563 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Total assets, end of year | $35,236,348 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Net assets, end of year | $35,236,348 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Total income | $9,185,531 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Net income | $5,053,785 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Employer contributions | $1,276,559 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Participant contributions | $2,545,833 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Other contributions (incl. rollovers) | $399,902 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Total contributions | $4,222,294 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Benefit payments | $4,080,353 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Total expenses (incl. benefit payments) | $4,131,746 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Total administrative expenses | $51,393 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Contract administrator fees | $51,393 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Administrative expenses excluding investment management | $51,393 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Held in mutual funds | $33,768,150 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251002084725NAL0000195233001, received 2025-10-02 |
| Independent auditor | TAIT, WELLER, & BAKER LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251002084725NAL0000195233001, received 2025-10-02 |
Position = column in the DOL layout for form year 2024. Filing 20251002084725NAL0000195233001, received 2025-10-02.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PCS RETIREMENT, LLCrecordkeeper | CONTRACT ADMINISTRATOR | 12 Claims processing; 13 Contract administrator; 15 Recordkeeping and information management; 16 Consulting (general); 17 Consulting (pension); 36 Copying and duplicating; 37 Participant loan processing; 38 Participant communication; 64 Recordkeeping fees | $51,393 | no |
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 20251002084725NAL0000195233001, received 2025-10-02.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $30,182,563 | $35,236,348 | 16.7% |
| Participants with a balance | 159 | 168 | 5.7% |
| Administrative expenses | $37,114 | $51,393 | 38.5% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $1,111,525 | $1,276,559 | 14.8% |
Prior filing 20241003144436NAL0017253072001, received 2024-10-03; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: CLARK CAPITAL MANAGEMENT GROUP, INC.; SEC registrant: Clark Capital Management Group, Inc. (CIK 1352187, matched by EIN).