Plan Snapshot
- Plan Sponsor: Alliance Bank
- Sponsor EIN: 410362490
- Sponsor Address: 30 7TH STREET E, SUITE 230, ST PAUL, MN, 55101
- Plan Type: 401(k)
- Total Participants: 107
- Total Assets: $22.9M
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 | 107 | $22.9M | $534,947 | $705,823 |
| 2023 | 109 | $21.8M | $549,390 | $726,061 |
| 2022 | 112 | $20.2M | $490,864 | $607,635 |
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 |
|---|---|---|---|---|
| COPELAND BUHL & COMPANY PLLP | 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 | $16,819 | $16,819 | — | — | — |
| 2023 | $23,368 | $15,368 | — | $8,000 | — |
| 2022 | $21,553 | $12,500 | $9,053 | — | — |