Plan Snapshot
- Plan Sponsor: Central Bank Illinois
- Sponsor EIN: 360886040
- Sponsor Address: 101 NORTH STATE STREET, PO BOX 89, GENESEO, IL, 61254
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $51.2M
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 | 162 | $51.2M | $1.4M | $1.2M |
| 2023 | 155 | $46.3M | $1.3M | $1.1M |
| 2022 | 157 | $39.7M | $1.2M | $1.1M |
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 |
|---|---|---|---|---|
| STRIEGEL KNOBLOCH & COMPANY, LLC | 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 | $21,567 | $18,172 | — | — | — |
| 2023 | $18,787 | — | — | — | — |
| 2022 | $20,212 | — | $20,212 | — | — |