Plan Snapshot
- Plan Sponsor: First State Bank
- Sponsor EIN: 314344400
- Sponsor Address: 19230 STATE RTE 136, WINCHESTER, OH, 45697
- Plan Type: 401(k)
- Total Participants: 147
- Total Assets: $11.9M
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 | 147 | $11.9M | $400,875 | $518,715 |
| 2023 | 157 | $10.3M | $387,908 | $519,899 |
| 2022 | 151 | $8.1M | $348,675 | $462,399 |
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 |
|---|---|---|---|---|
| CLARK, SCHAEFER, HACKETT & CO. | 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 | $32,179 | $22,333 | — | — | — |
| 2023 | $9,594 | — | — | — | — |
| 2022 | $1,281 | — | — | — | — |