Plan Snapshot
- Plan Sponsor: Community Bancorp Of Louisiana INC.
- Sponsor EIN: 720961966
- Sponsor Address: 4626 LA-1, RACELAND, LA, 70394
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $10.9M
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 | 135 | $10.9M | $308,966 | $538,026 |
| 2023 | 129 | $9.8M | $285,048 | $509,969 |
| 2022 | 119 | $10.4M | $269,234 | $465,903 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $2,426 | $30,563 | $32,989 |
| RT JONES CAPITAL EQUITIES MGMT INC | Other Service Provider | $22,111 | — | $22,111 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,100
- Estimated Expense Ratio: 0.507% 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 | $23,337 | $22,111 | $1,226 | — | — |
| 2023 | $23,999 | $22,755 | $1,244 | — | — |
| 2022 | $21,961 | $20,925 | $1,036 | — | — |