Plan Snapshot
- Plan Sponsor: Nicolet National Bank
- Sponsor EIN: 391990426
- Sponsor Address: 111 NORTH WASHINGTON STREET, GREEN BAY, WI, 54301
- Plan Type: 401(k)
- Total Participants: 991
- Total Assets: $124.3M
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 | 991 | $124.3M | $4.5M | $6.0M |
| 2023 | 906 | $105.0M | $4.0M | $5.8M |
| 2022 | 912 | $87.5M | $4.0M | $5.0M |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | NONE | $110,331 | — | $110,331 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $21,434 | — | $21,434 |
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- FORVIS MAZARS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,765
- Estimated Expense Ratio: 0.106% 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 | $131,765 | — | — | — | — |
| 2023 | $125,860 | — | — | — | — |
| 2022 | $100,929 | — | $100,929 | — | — |