Plan Snapshot
- Plan Sponsor: Sharp Bancshares, INC.
- Sponsor EIN: 710580739
- Sponsor Address: 137 SOUTH MAIN - PO BOX 490, CAVE CITY, AR, 72521
- Plan Type: 401(k)
- Total Participants: 29
- Total Assets: $1.9M
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 | 29 | $1.9M | $97,558 | $85,558 |
| 2023 | 32 | $1.6M | $60,464 | $61,595 |
| 2022 | 31 | $1.4M | $54,693 | $53,074 |