Plan Snapshot
- Plan Sponsor: First National Bank Of Wichita Falls
- Sponsor EIN: 752044948
- Sponsor Address: P.O. BOX 94905, WICHITA FALLS, TX, 783080905
- Plan Type: 401(k)
- Total Participants: 126
- Total Assets: $14.4M
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 | 126 | $14.4M | $436,758 | $630,465 |
| 2023 | 137 | $13.1M | $468,517 | $713,654 |
| 2022 | 143 | $11.2M | $498,651 | $767,828 |
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 |
|---|---|---|---|---|
| MWH GROUP 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 | $47,792 | — | $47,792 | — | — |
| 2023 | $30,509 | — | $30,509 | — | — |
| 2022 | $25,329 | — | $25,329 | — | — |