Plan Snapshot
- Plan Sponsor: First Eldorado Bancshares, INC.
- Sponsor EIN: 371254831
- Sponsor Address: 1200 US HIGHWAY 45N, ELDORADO, IL, 62930
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 170
- Total Assets: $14.6M
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 | 170 | $14.6M | $0 | $0 |
| 2024 | 141 | $12.4M | $395,306 | $635,015 |
| 2023 | 144 | $10.3M | $358,918 | $546,369 |
| 2022 | 147 | $9.5M | $357,619 | $541,607 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $24,592 | — | $24,592 |
| AMERIPRISE FINANCIAL, LLC | Investment Advisor | $17,432 | — | $17,432 |
| AMERIPRISE FINANCIAL | Investment Advisor | $14,980 | — | $14,980 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,004
- Estimated Expense Ratio: 0.389% 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 |
|---|---|---|---|---|---|
| 2025 | $1,062,185 | $32,412 | — | — | — |
| 2024 | $52,470 | $27,367 | — | — | — |
| 2023 | $38,703 | $12,253 | — | — | — |
| 2022 | $26,309 | — | — | — | — |