Plan Snapshot
- Plan Sponsor: Citizens Trust Bank
- Sponsor EIN: 580193315
- Sponsor Address: 230 PEACH STREET NW SUITE 2700, ATLANTA, GA, 30303
- Plan Type: 401(k)
- Total Participants: 128
- Total Assets: $10.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 128 | $10.3M | $241,780 | $402,935 |
| 2023 | 112 | $9.0M | $206,480 | $355,157 |
| 2022 | 84 | $8.1M | $203,346 | $337,705 |
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 |
|---|---|---|---|---|
| ELLIOTT DAVIS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT DAVIS 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 | $3,725 | — | $3,075 | — | — |
| 2023 | $5,821 | $2,271 | $3,100 | — | — |
| 2022 | $6,422 | — | — | — | — |