Plan Snapshot
- Plan Sponsor: Missouri Bankers Association
- Sponsor EIN: 436207542
- Sponsor Address: 207 E CAPITOL AVE, JEFFERSON CITY, MO, 65101
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,170
- Total Assets: $504,998
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,170 | $504,998 | $19.8M | $0 |
| 2023 | 1,237 | $2.4M | $19.0M | $0 |
| 2022 | 1,306 | $1.3M | $19.0M | $0 |
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 |
|---|---|---|---|---|
| BANKERS BENEFIT | Other Service Provider | $925,290 | — | $925,290 |
| LUMINARE HEALTH BENEFITS, INC | Other Service Provider | $168,360 | — | $168,360 |
| GALLAGHER RISK MANAGEMENT SERVICES | Investment Advisor | $91,788 | — | $91,788 |
| DELTA DENTAL OF MO | Other Service Provider | $78,903 | — | $78,903 |
| ALLIANT INSURANCE SERVICES, INC | Other Service Provider | $43,533 | — | $43,533 |
| WILLIAMS-KEEPERS LLC | Auditor | $32,200 | — | $32,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER RISK MANAGEMENT SERVICES — Investment Advisor
- WILLIAMS-KEEPERS LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,340,074
- Estimated Expense Ratio: 265.362% 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 |
|---|---|---|---|---|---|
| 2024 | $1,340,074 | — | $1,176,471 | $32,200 | — |
| 2023 | $2,158,559 | — | $1,926,619 | $30,685 | — |
| 2022 | $2,861,068 | — | $860,590 | — | $128,033 |