Plan Snapshot
- Plan Sponsor: Lead Bank
- Sponsor EIN: 440255510
- Sponsor Address: 1801 MAIN STREET, KANSAS CITY, MO, 64108
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 333
- Total Assets: $16.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 333 | $16.9M | $0 | $0 |
| 2024 | 202 | $9.7M | $798,677 | $1.6M |
| 2023 | 158 | $7.9M | $605,995 | $1.2M |
| 2022 | 129 | $5.5M | $394,168 | $798,262 |
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 |
|---|---|---|---|---|
| ONE DIGITAL INVESTMENT ADVISORS | Investment Advisor | $29,134 | — | $29,134 |
| EMPOWER ADVISORY GROUP LLC | Investment Advisor | $12,057 | — | $12,057 |
| EIP CORP | Other Service Provider | $9,209 | — | $9,209 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,400
- Estimated Expense Ratio: 0.297% 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 |
|---|---|---|---|---|---|
| 2025 | $827,424 | $29,134 | $8,959 | — | — |
| 2024 | $92,055 | $25,969 | $57,700 | — | — |
| 2023 | $65,055 | $18,901 | $40,784 | — | — |
| 2022 | $33,993 | $16,540 | $14,980 | — | $2,473 |