Plan Snapshot
- Plan Sponsor: North American Savings Bank, F.S.B.
- Sponsor EIN: 440373310
- Sponsor Address: 12498 SOUTH 71 HIGHWAY, GRANDVIEW, MO, 64030
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 422
- Total Assets: $54.7M
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. |
|---|---|---|---|---|
| 2025 | 422 | $54.7M | $0 | $0 |
| 2024 | 247 | $53.5M | $550,489 | $1.6M |
| 2023 | 242 | $49.3M | $605,392 | $1.8M |
| 2022 | 424 | $52.9M | $1.1M | $3.2M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Other Service Provider | $67,598 | — | $67,598 |
| LOCKTON INVESTMENT ADVISORS LLC | Other Service Provider | $58,346 | — | $58,346 |
| CHARLES SCHWAB TRUST BANK | Other Service Provider | $18,063 | — | $18,063 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,007
- Estimated Expense Ratio: 0.263% 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 |
|---|---|---|---|---|---|
| 2025 | $8,408,636 | $58,346 | $67,599 | — | — |
| 2024 | $158,942 | $54,699 | $104,243 | — | — |
| 2023 | $179,152 | — | $118,742 | $60,410 | — |
| 2022 | $214,237 | — | $214,237 | — | — |