Plan Snapshot
- Plan Sponsor: Cadence Bank
- Sponsor EIN: 640117230
- Sponsor Address: 201 SOUTH SPRING STREET, TUPELO, MS, 38804
- Plan Type: 401(k)
- Total Participants: 5,423
- Total Assets: $817.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 5,423 | $817.1M | $20.9M | $33.8M |
| 2023 | 6,117 | $797.3M | $25.3M | $41.0M |
| 2022 | 6,578 | $717.4M | $24.9M | $40.0M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — 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 | -$124,805 | $163,036 | $300 | — | — |
| 2023 | -$217,114 | $150,175 | $1,200 | — | — |
| 2022 | -$75,083 | $153,615 | — | — | — |