Plan Snapshot
- Plan Sponsor: Farmers Bank & Trust
- Sponsor EIN: 480216340
- Sponsor Address: P.O. BOX 267, GREAT BEND, KS, 675300267
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $16.8M
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 | 134 | $16.8M | $304,830 | $678,611 |
| 2023 | 120 | $15.8M | $258,752 | $599,516 |
| 2022 | 118 | $15.1M | $249,148 | $559,565 |
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 |
|---|---|---|---|---|
| VARNEY & ASSOCIATES, CPAS, LLC | 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 | $14,997 | — | — | — | — |
| 2023 | $13,377 | — | — | $1,162 | — |
| 2022 | $15,277 | — | — | — | $15,277 |