# Peoples Bank Of Mendenhall 401(k) Plan
Source: https://planprovider.pro/companies/peoples-bank-of-mendenhall-401k-plan

> Peoples Bank Of Mendenhall's 401(k) plan: 0 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## Plan Snapshot

- **Plan Sponsor:** Peoples Bank Of Mendenhall

- **Sponsor EIN:** 640220470

- **Sponsor Address:** 160 E. MAUD AVE, MENDENHALL, MS, 39114

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

- **Total Participants:** 0

- **Total Assets:** $0

## 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|0|$0|$375,467|$383,653|

| 2023|148|$13.8M|$660,249|$558,505|

| 2022|147|$11.9M|$514,485|$496,224|

## 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|

| LPL FINANCIAL CORPORATION|BROKER|$97,564|—|$97,564|

| HORNE LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [HORNE LLP](https://planprovider.pro/provider/horne-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $97,564

### 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|$45,853|—|—|—|—|

| 2023|$4,753|—|$4,753|—|—|

| 2022|$6,117|—|—|—|$6,117|

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

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