Plan Snapshot
- Plan Sponsor: The Bank, N.A.
- Sponsor EIN: 730344910
- Sponsor Address: P.O. BOX 1067, MCALESTER, OK, 74502
- Plan Type: 401(k)
- Total Participants: 64
- Total Assets: $16.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 64 | $16.2M | $628,174 | $202,982 |
| 2023 | 71 | $14.4M | $631,657 | $203,428 |
| 2022 | 55 | $17.0M | $376,400 | $186,798 |
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 |
|---|---|---|---|---|
| FINLEY & COOK, PLLC | 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 | $22,178 | — | — | — | — |
| 2023 | $177 | — | $177 | — | — |
| 2022 | $1,183 | — | $1,183 | — | — |