# Premier Banks Retirement Fund 401(k) Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-the-premier-bank-retirement-fund-401k-plan

> Premier Banks Retirement Fund's 401(k) plan: 187 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Premier Banks Retirement Fund

- **Sponsor EIN:** 926241580

- **Sponsor Address:** 2866 WHITE BEAR AVENUE, MAPLEWOOD, MN, 55109

- **Plan Type:** 401(k)

- **Total Participants:** 187

- **Total Assets:** $32.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **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|187|$32.0M|$1.2M|$1.1M|

| 2023|185|$27.1M|$1.3M|$1.0M|

| 2022|177|$23.4M|$0|$0|

## 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|

| SMITH SCHAFER AND ASSOCIATES, LTD|Auditor|—|—|$0|

## 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|$65,228|$42,106|$23,122|—|—|

| 2023|$32,598|—|$32,598|—|—|

| 2022|—|—|—|—|—|

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