Plan Snapshot
- Plan Sponsor: Mid America Bank
- Sponsor EIN: 430691607
- Sponsor Address: 1511 FRIENDSHIP ROAD, JEFFERSON CITY, MO, 65101
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $19.0M
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 | 115 | $19.0M | $816,530 | $875,726 |
| 2023 | 119 | $16.1M | $810,635 | $870,069 |
| 2022 | 122 | $13.3M | $774,083 | $816,011 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — 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 | $39,632 | $20,394 | $15,562 | — | — |
| 2023 | $30,812 | $17,238 | $13,049 | — | — |
| 2022 | $24,942 | $15,000 | $9,942 | — | — |