Plan Snapshot
- Plan Sponsor: National Checking Company
- Sponsor EIN: 410433050
- Sponsor Address: 899 MONTREAL CIRCLE, ST. PAUL, MN, 55102
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 183
- Total Assets: $24.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 183 | $24.8M | $589,086 | $1.3M |
| 2023 | 170 | $28.6M | $517,735 | $1.1M |
| 2022 | 156 | $23.8M | $501,509 | $978,419 |
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 |
|---|---|---|---|---|
| CAPITAL MANAGEMENT ASSOCIATES INC | Investment Advisor | $52,182 | — | $52,182 |
| CAPITAL GROUP RETIREMENT PLAN SERVI | Recordkeeper | $8,600 | — | $8,600 |
| THE ANGELL PENSION GROUP INC | Recordkeeper | $5,250 | — | $5,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,032
- Estimated Expense Ratio: 0.266% 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 | $60,007 | — | — | — | — |
| 2023 | $5,110 | — | — | — | — |
| 2022 | $2,495 | — | — | — | $2,495 |