# Citizens Bank & Trust Health & Welfare Plan
Source: https://planprovider.pro/companies/citizens-bank-trust-590193780-501

> Citizens Bank & Trust's Health & Welfare plan: 155 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Citizens Bank & Trust

- **Sponsor EIN:** 590193780

- **Sponsor Address:** 222 STATE ROAD 60 E, LAKE WALES, FL, 33853

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 155

- **Total Assets:** $457,502

## 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.|

| 2024|155|$457,502|$1.6M|$536,939|

## 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|

| ACENTRIA|Other Service Provider|$66,535|—|$66,535|

| THE BENECON GROUP|Investment Advisor|$30,815|—|$30,815|

| MERITAIN HEALTH, AN AETNA COMPANY|Other Service Provider|$14,854|—|$14,854|

| CONNECTCARE3|Other Service Provider|$10,684|—|$10,684|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $122,888

- **Estimated Expense Ratio:** 26.861% 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|$122,888|$66,535|$14,854|—|—|

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