Plan Snapshot
- Plan Sponsor: Mountain Commerce Bank
- Sponsor EIN: 620194780
- Sponsor Address: P.O. BOX 31258, KNOXVILLE, TN, 37930
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $17.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 109 | $17.3M | $423,494 | $892,708 |
| 2023 | 108 | $14.1M | $482,730 | $947,006 |
| 2022 | 108 | $11.4M | $385,707 | $778,134 |
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 |
|---|---|---|---|---|
| RATHER & KITTRELL INC | ADVISOR | $29,352 | — | $29,352 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $27,821 | — | $27,821 |
| PUGH & COMPANY, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RATHER & KITTRELL INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,173
- Estimated Expense Ratio: 0.330% 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 | $58,835 | $31,143 | — | — | — |
| 2023 | $832,606 | — | $52,312 | — | — |
| 2022 | $856,374 | — | $47,484 | — | — |