Plan Snapshot
- Plan Sponsor: Tennessee State Bank
- Sponsor EIN: 620866803
- Sponsor Address: 2210 PARKWAY, PIGEON FORGE, TN, 37863
- Plan Type: 401(k)
- Total Participants: 206
- Total Assets: $14.3M
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 | 206 | $14.3M | $334,133 | $788,319 |
| 2023 | 191 | $13.4M | $308,686 | $691,237 |
| 2022 | 196 | $11.2M | $258,013 | $604,677 |
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 |
|---|---|---|---|---|
| COULTER & JUSTUS, P. C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $67,245 | — | — | — | — |
| 2023 | $57,924 | — | — | — | — |
| 2022 | $63,394 | — | — | — | — |