Plan Snapshot
- Plan Sponsor: Alliance Bancshares, INC
- Sponsor EIN: 752483603
- Sponsor Address: 306 NORTH DAVIS, SULPHUR SPRINGS, TX, 75483
- Plan Type: 401(k)
- Total Participants: 232
- Total Assets: $26.3M
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 | 232 | $26.3M | $592,253 | $932,145 |
| 2023 | 224 | $25.5M | $565,614 | $914,289 |
| 2022 | 219 | $23.1M | $395,812 | $796,853 |
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 |
|---|---|---|---|---|
| BLUE RIDGE ESOP ASSOCIATES | TPA | — | $12,488 | $12,488 |
| RAYMOND JAMES | NONE | $10,259 | — | $10,259 |
| EMPOWER ANNUITY INSURANCE CO | NONE | $5,053 | — | $5,053 |
| HENRY & PETERS, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES — NONE
- EMPOWER ANNUITY INSURANCE CO — NONE
- HENRY & PETERS, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,800
- Estimated Expense Ratio: 0.106% 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 | $89,650 | — | $89,650 | — | — |
| 2023 | $71,439 | — | $71,439 | — | — |
| 2022 | $52,647 | — | — | — | $52,647 |