Plan Snapshot
- Plan Sponsor: Arvest Bank
- Sponsor EIN: 710118700
- Sponsor Address: 921 W. MONROE, LOWELL, AR, 72745
- Plan Type: 401(k)
- Total Participants: 6,248
- Total Assets: $925.8M
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 | 6,248 | $925.8M | $45.5M | $35.6M |
| 2023 | 6,430 | $800.1M | $31.4M | $33.8M |
| 2022 | 6,636 | $694.0M | $40.7M | $30.5M |
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 |
|---|---|---|---|---|
| S.F. FISER AND COMPANY | 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 | $286,785 | $26,252 | $182,590 | — | — |
| 2023 | $236,169 | $77,544 | $102,723 | — | — |
| 2022 | $179,754 | — | — | — | — |