Plan Snapshot
- Plan Sponsor: Evans Bank, N.A.
- Sponsor EIN: 160426523
- Sponsor Address: 6460 MAIN STREET, WILLIAMSVILLE, NY, 14221
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 266 | $38.3M | $1.1M | $1.9M |
| 2023 | 295 | $38.1M | $1.4M | $2.3M |
| 2022 | 372 | $31.7M | $1.4M | $2.3M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INC | Recordkeeper | $55,618 | — | $55,618 |
| CBIZ INVESTMENT ADVISORY SERVI | Other Service Provider | $39,576 | — | $39,576 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,194
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 |
|---|---|---|---|---|---|
| 2025 | $41,955,584 | $25,083 | — | $4,119 | — |
| 2024 | $95,194 | $42,026 | — | — | — |
| 2023 | $83,830 | $35,677 | — | — | — |
| 2022 | $76,721 | $24,875 | — | — | — |