Plan Snapshot
- Plan Sponsor: Manufacturers Bank & Trust Company
- Sponsor EIN: 420627479
- Sponsor Address: 245 E J STREET, FOREST CITY, IA, 504361606
- Plan Type: 401(k)
- Total Participants: 122
- Total Assets: $23.9M
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 | 122 | $23.9M | $1.1M | $779,313 |
| 2023 | 122 | $22.3M | $1.1M | $822,413 |
| 2022 | 130 | $19.4M | $1.0M | $742,921 |
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 |
|---|---|---|---|---|
| FORGE FINANCIAL & MGMT CONSULTING | 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 | $47,480 | — | $47,480 | — | — |
| 2023 | $41,079 | — | $41,079 | — | — |
| 2022 | $39,790 | — | $39,790 | — | — |