Plan Snapshot
- Plan Sponsor: First State Bank
- Sponsor EIN: 390281110
- Sponsor Address: 220 W WAUPACA STEET, NEW LONDON, WI, 549610000
- Plan Type: 401(k)
- Total Participants: 91
- Total Assets: $15.0M
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 | 91 | $15.0M | $315,287 | $531,698 |
| 2023 | 92 | $14.8M | $322,822 | $596,839 |
| 2022 | 101 | $12.5M | $319,969 | $542,188 |
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 |
|---|---|---|---|---|
| ASSOCIATED TRUST COMPANY, N.A. | NONE | $46,018 | — | $46,018 |
| HAWKINS ASH CPAS | NONE | $9,500 | — | $9,500 |
| HAWKINS ASH CPAS, LLP | Auditor | $9,500 | — | $9,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HAWKINS ASH CPAS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,018
- Estimated Expense Ratio: 0.432% 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 |
|---|---|---|---|---|---|
| 2024 | $55,518 | $43,898 | — | $9,500 | — |
| 2023 | $40,241 | $30,491 | — | $8,750 | — |
| 2022 | $44,349 | $35,599 | — | — | $8,750 |