Plan Snapshot
- Plan Sponsor: Bank Of Luxemburg
- Sponsor EIN: 390147840
- Sponsor Address: 630 MAIN STREET, LUXEMBURG, WI, 542171114
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $14.1M
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 | 101 | $14.1M | $305,410 | $741,195 |
| 2023 | 99 | $13.1M | $315,127 | $754,120 |
| 2022 | 115 | $11.6M | $257,170 | $731,836 |
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 |
|---|---|---|---|---|
| SPECTRUM INVESTMENT ADVISORS | INVESTMENT ADVISORY | $36,512 | $5 | $36,517 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $29,266 | — | $29,266 |
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,783
- Estimated Expense Ratio: 0.466% 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 |
|---|---|---|---|---|---|
| 2024 | $65,780 | $36,514 | $29,266 | — | — |
| 2023 | $64,576 | $31,483 | $33,093 | — | — |
| 2022 | — | — | — | — | — |