Plan Snapshot
- Plan Sponsor: Fortress Bank
- Sponsor EIN: 371232652
- Sponsor Address: 128 E MAIN ST, PO BOX 507, LA HARPE, IL, 614500507
- Plan Type: 401(k)
- Total Participants: 111
- Total Assets: $11.1M
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 | 111 | $11.1M | $309,079 | $675,046 |
| 2023 | 122 | $9.0M | $326,515 | $651,015 |
| 2022 | 116 | $6.8M | $337,058 | $517,182 |
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 |
|---|---|---|---|---|
| REISER, JENNINGS & CO., P.C. | 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 | $1,640 | — | — | — | — |
| 2023 | $1,040 | — | — | — | — |
| 2022 | $2,200 | — | $2,200 | — | — |