Plan Snapshot
- Plan Sponsor: Hills Bank And Trust Company
- Sponsor EIN: 420310580
- Sponsor Address: 590 WEST FOREVERGREEN ROAD, NORTH LIBERTY, IA, 52317
- Plan Type: DC
- Total Participants: 418
- Total Assets: $58.8M
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 | 418 | $58.8M | $1.4M | $0 |
| 2023 | 445 | $55.0M | $1.4M | $0 |
| 2022 | 417 | $59.9M | $1.3M | $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 |
|---|---|---|---|---|
| BGHN ASSOCIATES, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BGHN ASSOCIATES, P.C. — 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 | $10,150 | — | — | — | — |
| 2023 | $9,800 | — | — | — | — |
| 2022 | $9,250 | — | — | — | $9,250 |