Plan Snapshot
- Plan Sponsor: Market Street Bancshares, INC.
- Sponsor EIN: 371201191
- Sponsor Address: 520 S 42ND ST, MOUNT VERNON, IL, 628646299
- Plan Type: 401(k)
- Total Participants: 260
- Total Assets: $46.8M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 260 | $46.8M | $542,725 | $1.7M |
| 2023 | 229 | $40.2M | $534,585 | $1.6M |
| 2022 | 235 | $35.1M | $501,626 | $1.6M |
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 |
|---|---|---|---|---|
| ANDERS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANDERS — Auditor
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 | $165,828 | $109,353 | $56,475 | — | — |
| 2023 | $136,257 | $83,749 | $52,508 | — | — |
| 2022 | $85,249 | $18,233 | $67,016 | — | — |