# Park Bank 401(k) Plan
Source: https://planprovider.pro/companies/park-bank-401k-plan

> Park Bank's 401(k) plan: 151 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Park Bank

- **Sponsor EIN:** 391076859

- **Sponsor Address:** P.O. BOX 8969, MADISON, WI, 537138969

- **Plan Type:** 401(k)

- **Total Participants:** 151

- **Total Assets:** $25.2M

## 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|151|$25.2M|$626,611|$1.0M|

| 2023|157|$23.2M|$687,190|$1.2M|

| 2022|155|$20.3M|$440,397|$1.1M|

## 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|

| PARK CAPITAL MANAGEMENT LLC|INVESTMENT ADVISOR|$48,353|—|$48,353|

| EMPOWER ANNUITY INSURANCE COMPANY|RECORDKEEPER|$23,982|—|$23,982|

| PEAK RETIREMENT GROUP|CONTRACT ADMIN|$3,248|$10,000|$13,248|

| EMPOWER ADVISORY GROUP, LLC|INVESTMENT MGMT|$8,905|—|$8,905|

| KMA S.C|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $94,488

- **Estimated Expense Ratio:** 0.375% 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|$84,489|—|$84,489|—|—|

| 2023|$74,540|$74,540|—|—|—|

| 2022|$72,858|—|$72,858|—|—|

## Similar Plans

- [Citizens Bank](https://planprovider.pro/companies/citizens-bank-plan-003) — 143 participants

- [Unity Bank](https://planprovider.pro/companies/unity-bank-401k-plan-001-2570) — 135 participants

- [Cib Marine Bancshares, INC.](https://planprovider.pro/companies/cib-marine-bancshares-inc-401k-plan) — 168 participants

- [Bankers Bank](https://planprovider.pro/companies/bankers-bank-401k-plan) — 133 participants

- [Security Financial Bank](https://planprovider.pro/companies/security-financial-bank-401k-plan) — 130 participants

- [Citizens Bank](https://planprovider.pro/companies/citizens-bank-plan) — 130 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/park-bank-401k-plan)

© 2026 PlanProvider.Pro