Plan Snapshot
- Plan Sponsor: Century Next Financial Corporation
- Sponsor EIN: 272851432
- Sponsor Address: 505 NORTH VIENNA STREET, RUSTON, LA, 71270
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $10.0M
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 | 119 | $10.0M | $268,418 | $429,591 |
| 2023 | 115 | $8.1M | $279,524 | $446,086 |
| 2022 | 112 | $6.3M | $258,023 | $408,163 |
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 |
|---|---|---|---|---|
| HEARD, MCELROY & VESTAL, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HEARD, MCELROY & VESTAL, LLC — 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 | $25,019 | — | — | — | — |
| 2023 | $20,447 | — | — | — | — |
| 2022 | $19,692 | — | $19,692 | — | — |