Plan Snapshot
- Plan Sponsor: Central Bancshares, INC.
- Sponsor EIN: 611247980
- Sponsor Address: 300 WEST VINE STREET, LEXINGTON, KY, 40507
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 533
- Total Assets: $51.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 533 | $51.3M | $0 | $0 |
| 2024 | 427 | $45.1M | $3.3M | $0 |
| 2023 | 423 | $39.1M | $3.3M | $0 |
| 2022 | 413 | $36.1M | $5.1M | $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 |
|---|---|---|---|---|
| RFH, PLLC | Other Service Provider | $14,900 | — | $14,900 |
| OSBORN, CARREIRO AND ASSOCIATES INC | Other Service Provider | $8,800 | — | $8,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,700
- Estimated Expense Ratio: 0.046% 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 |
|---|---|---|---|---|---|
| 2025 | $3,208,895 | — | — | $14,900 | — |
| 2024 | $22,700 | — | — | $14,500 | — |
| 2023 | $21,100 | — | — | $12,900 | — |
| 2022 | $21,100 | — | — | — | $21,100 |