Plan Snapshot
- Plan Sponsor: Cb&S Bank, INC.
- Sponsor EIN: 630041560
- Sponsor Address: PO BOX 910, RUSSELLVILLE, AL, 356530910
- Plan Type: 401(k)
- Total Participants: 502
- Total Assets: $41.8M
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 | 502 | $41.8M | $3.7M | $2.0M |
| 2023 | 502 | $35.4M | $1.5M | $1.8M |
| 2022 | 479 | $29.3M | $1.4M | $1.6M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $30,595 | — | $30,595 |
| FNBB CAPITAL MARKETS | Investment Advisor | $27,664 | — | $27,664 |
| FNBB CAPITAL MARKETS | Investment Advisor | $20,175 | $13 | $20,188 |
| EMPOWER ANNUNITY INS. CO. OF AMERIC | Recordkeeper | $16,417 | — | $16,417 |
| MAULDIN & JENKINS LLC | Auditor | $12,750 | — | $12,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MAULDIN & JENKINS LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,614
- Estimated Expense Ratio: 0.258% 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 | $83,659 | $20,175 | $50,734 | $12,750 | — |
| 2023 | $81,432 | $68,682 | — | $12,750 | — |
| 2022 | $98,335 | $78,744 | $19,591 | — | — |