Plan Snapshot
- Plan Sponsor: Guaranty Bank & Trust Company
- Sponsor EIN: 640166511
- Sponsor Address: 217 CHURCH STREET, BELZONI, MS, 39038
- Plan Type: 401(k)
- Total Participants: 489
- Total Assets: $44.0M
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 | 489 | $44.0M | $876,318 | $1.9M |
| 2023 | 416 | $28.9M | $534,496 | $1.5M |
| 2022 | 283 | $21.3M | $463,572 | $1.3M |
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 |
|---|---|---|---|---|
| CARR RIGGS & INGRAM | 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 | $10,259 | — | $10,259 | — | — |
| 2023 | $5,211 | — | $5,211 | — | — |
| 2022 | $4,507 | — | $4,507 | — | — |