Plan Snapshot
- Plan Sponsor: Bank Of Sun Prairie
- Sponsor EIN: 390148140
- Sponsor Address: 228 EAST MAIN STREET, SUN PRAIRIE, WI, 53590
- Plan Type: DC
- Total Participants: 99
- Total Assets: $5.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 99 | $5.4M | $0 | $430,201 |
| 2023 | 94 | $4.8M | $0 | $373,828 |
| 2022 | 84 | $4.3M | $0 | $336,604 |
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 |
|---|---|---|---|---|
| ORGEL WEALTH MANAGEMENT, LLC | INVESTMENT ADVISOR | $17,962 | — | $17,962 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $13,976 | — | $13,976 |
| SHORE TOMPKINS ACTUARIAL RESOURCES | CONTRACT ADMIN | $4,327 | $4,490 | $8,817 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,755
- Estimated Expense Ratio: 0.757% 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 | $545,936 | — | $55,486 | — | — |
| 2023 | $952,772 | — | $46,993 | — | — |
| 2022 | $535,849 | — | $46,546 | — | — |