Plan Snapshot
- Plan Sponsor: Hickory Point Bank & Trust
- Sponsor EIN: 371052394
- Sponsor Address: 225 NORTH WATER STREET, DECATUR, IL, 62523
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $12.5M
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 | 135 | $12.5M | $534,483 | $892,714 |
| 2023 | 153 | $12.0M | $441,209 | $848,594 |
| 2022 | 154 | $11.2M | $438,089 | $804,653 |
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 |
|---|---|---|---|---|
| UNITED OF OMAHA | INVESTMENT COMPANY | $66,429 | — | $66,429 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,429
- Estimated Expense Ratio: 0.531% 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 | $66,429 | — | — | — | — |
| 2023 | $18,095 | — | — | — | — |
| 2022 | $23,375 | — | $2,575 | — | $20,800 |