Plan Snapshot
- Plan Sponsor: Carroll County Bancshares, INC.
- Sponsor EIN: 421113591
- Sponsor Address: 126 WEST 6TH STREET, CARROLL, IA, 51401
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $36.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 173 | $36.6M | $819,894 | $1.3M |
| 2023 | 187 | $36.5M | $1.3M | $1.3M |
| 2022 | 180 | $35.2M | $860,408 | $1.3M |
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 | $60,609 | — | $60,609 | — | — |
| 2023 | $55,313 | — | $55,313 | — | — |
| 2022 | $17,988 | $17,988 | — | — | — |