Plan Snapshot
- Plan Sponsor: Ks Statebank
- Sponsor EIN: 480760380
- Sponsor Address: 1010 WESTLOOP PLACE, MANHATTAN, KS, 66502
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $31.3M
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 | 169 | $31.3M | $672,713 | $1.2M |
| 2023 | 182 | $29.9M | $660,149 | $1.2M |
| 2022 | 191 | $27.5M | $674,082 | $1.1M |
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 |
|---|---|---|---|---|
| VARNEY & ASSOCIATES, CPAS, LLC | 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 | $165,753 | $160,664 | $5,089 | — | — |
| 2023 | $147,543 | $141,383 | $5,600 | — | — |
| 2022 | $161,784 | $152,839 | $8,070 | — | — |