Plan Snapshot
- Plan Sponsor: Auburn National Bancorporation, INC.
- Sponsor EIN: 630885779
- Sponsor Address: 100 NORTH GAY STREET PO BOX 3110, AUBURN, AL, 368313110
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 166
- Total Assets: $14.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 166 | $14.6M | $0 | $0 |
| 2024 | 150 | $13.7M | $329,712 | $646,411 |
| 2023 | 147 | $11.9M | $328,443 | $550,144 |
| 2022 | 151 | $10.1M | $300,014 | $559,753 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $28,300 | — | $28,300 |
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | Investment Advisor | $25,000 | — | $25,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,300
- Estimated Expense Ratio: 0.364% 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 |
|---|---|---|---|---|---|
| 2025 | $2,136,286 | $25,000 | — | — | — |
| 2024 | $63,232 | $31,750 | — | $5,250 | — |
| 2023 | $55,817 | $26,174 | — | — | — |
| 2022 | $60,873 | — | $60,873 | — | — |