Plan Snapshot
- Plan Sponsor: Myers Bancshares, INC.
- Sponsor EIN: 731436109
- Sponsor Address: 604 FLYNN ST, ALVA, OK, 737172242
- Plan Type: DC
- Total Participants: 0
- Total Assets: $86,291
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 | 0 | $86,291 | $0 | $0 |
| 2023 | 82 | $343,705 | $143,189 | $0 |
| 2022 | 99 | $1.1M | $165,477 | $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 |
|---|---|---|---|---|
| FINLEY & COOK, PLLC | 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 | $7,275 | — | — | — | — |
| 2023 | $24,725 | — | $1,725 | $23,000 | — |
| 2022 | $900 | — | $900 | — | — |