Plan Snapshot
- Plan Sponsor: Investors Heritage Capital Corporation
- Sponsor EIN: 616030333
- Sponsor Address: 200 CAPITAL AVENUE, FRANKFORT, KY, 40601
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $16.7M
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 | 101 | $16.7M | $311,412 | $624,290 |
| 2023 | 100 | $16.2M | $311,521 | $600,589 |
| 2022 | 103 | $16.1M | $285,045 | $553,890 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT, LLP | 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 | $5,719 | — | $5,719 | — | — |
| 2023 | $1,476 | — | $1,326 | — | — |
| 2022 | $2,050 | — | $1,850 | — | $200 |