Local Bank (Bank Of Cherokee County) 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Local Bank (Bank Of Cherokee County)
  • Sponsor EIN: 730242160
  • Sponsor Address: P. O. BOX 660, HULBERT, OK, 744410660
  • Plan Type: 401(k)
  • Total Participants: 73
  • Total Assets: $2.9M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: No
  • Participant Loans: No
  • Participant-Directed Investments: No
  • ERISA Section 404(c) Fiduciary Safe Harbor: No

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202473$2.9M$142,516$203,462
202353$2.3M$121,140$162,495
202255$1.8M$78,233$82,324

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