Plan Snapshot
- Plan Sponsor: Grand Savings Bank
- Sponsor EIN: 731108238
- Sponsor Address: 1022 S MAIN STREET, GROVE, OK, 743442846
- Plan Type: 401(k)
- Total Participants: 136
- Total Assets: $6.2M
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 | 136 | $6.2M | $279,614 | $419,578 |
| 2023 | 147 | $5.5M | $195,253 | $356,017 |
| 2022 | 138 | $4.7M | $179,525 | $333,690 |
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 |
|---|---|---|---|---|
| LBMC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC — Auditor
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 | $32,142 | $9,432 | $22,710 | — | — |
| 2023 | $19,815 | — | $19,815 | — | — |
| 2022 | $19,167 | — | $19,167 | — | — |