Plan Snapshot
- Plan Sponsor: Old National Bank
- Sponsor EIN: 351729164
- Sponsor Address: PO BOX 207, EVANSVILLE, IN, 47702
- Plan Type: 401(k)
- Total Participants: 858
- Total Assets: $40.2M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 858 | $40.2M | $1.1M | $2.8M |
| 2023 | 750 | $36.6M | $1.0M | $2.7M |
| 2022 | 949 | $30.1M | $1.1M | $2.9M |
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 |
|---|---|---|---|---|
| OLD NATIONAL BANK | TRUSTEE | $323,087 | — | $323,087 |
| CHARLES SCHWAB TRUST BANK | NONE | — | $16,925 | $16,925 |
| EPIC RETIREMENT PLAN SERVICES | NONE | $9,498 | — | $9,498 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — NONE
- EPIC RETIREMENT PLAN SERVICES — NONE
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $349,510
- Estimated Expense Ratio: 0.868% 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 | $332,580 | — | — | — | — |
| 2023 | $170,613 | — | — | $10,000 | — |
| 2022 | $211,846 | — | — | — | — |