Plan Snapshot
- Plan Sponsor: Cusb Bank
- Sponsor EIN: 420201590
- Sponsor Address: 111 NORTH ELM STREET, CRESCO, IA, 52136
- Plan Type: 401(k)
- Total Participants: 117
- Total Assets: $16.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 117 | $16.2M | $486,441 | $584,748 |
| 2023 | 105 | $14.4M | $554,006 | $493,345 |
| 2022 | 123 | $11.9M | $661,387 | $416,499 |
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 |
|---|---|---|---|---|
| SMITH & HOWARD, PC | 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 | $43,072 | $31,892 | — | — | — |
| 2023 | $37,012 | $28,147 | — | — | — |
| 2022 | — | — | — | — | — |