Plan Snapshot
- Plan Sponsor: Fnb Bank
- Sponsor EIN: 420544770
- Sponsor Address: P.O. BOX 367, FONTANELLE, IA, 50846
- Plan Type: DC
- Total Participants: 43
- Total Assets: $11.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 43 | $11.0M | $300,000 | $0 |
| 2023 | 42 | $10.3M | $520,000 | $0 |
| 2022 | 38 | $10.5M | $300,000 | $0 |
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 |
|---|---|---|---|---|
| BCC ADVISORS | Other Service Provider | $12,800 | — | $12,800 |
| TRANSITION FINANCE STRATEGIES, LLC | Other Service Provider | $11,758 | — | $11,758 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,558
- Estimated Expense Ratio: 0.224% 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 | $339,375 | — | $28,043 | — | — |
| 2023 | $669,997 | — | $26,617 | — | — |
| 2022 | $1,056,017 | — | $25,300 | — | — |