Plan Snapshot
- Plan Sponsor: Investar Holding Corporation
- Sponsor EIN: 271560715
- Sponsor Address: 10500 COURSEY BOULEVARD, SUITE 200, BATON ROUGE, LA, 70816
- Plan Type: 401(k)
- Total Participants: 311
- Total Assets: $26.7M
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 | 311 | $26.7M | $1.1M | $2.1M |
| 2023 | 310 | $22.0M | $1.0M | $2.0M |
| 2022 | 297 | $18.3M | $1.0M | $1.9M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $187,092 | — | $187,092 |
| KESTRA ADVISORY SERVICES, LLC | INVESTMENT ADVISORY | — | $68,075 | $68,075 |
| EISNERAMPER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES, LLC — INVESTMENT ADVISORY
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $255,167
- Estimated Expense Ratio: 0.956% 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 | $187,093 | — | $187,093 | — | — |
| 2023 | $146,431 | — | $146,431 | — | — |
| 2022 | $141,896 | — | $141,896 | — | — |