Plan Snapshot
- Plan Sponsor: Banctenn Corp
- Sponsor EIN: 621225291
- Sponsor Address: PO BOX 4980, JOHNSON CITY, TN, 37602
- Plan Type: 401(k)
- Total Participants: 274
- Total Assets: $32.0M
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 | 274 | $32.0M | $574,901 | $1.6M |
| 2023 | 282 | $30.3M | $510,875 | $1.5M |
| 2022 | 278 | $25.6M | $482,338 | $1.4M |
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 |
|---|---|---|---|---|
| MAULDIN JENKINS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MAULDIN JENKINS LLC — Auditor
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 | $125,671 | $77,754 | $47,917 | — | — |
| 2023 | $114,835 | $67,780 | $41,920 | — | — |
| 2022 | $121,373 | $68,719 | $52,654 | — | — |