Plan Snapshot
- Plan Sponsor: The Citizens Bank
- Sponsor EIN: 710258539
- Sponsor Address: P O BOX 2156, BATESVILLE, AR, 72503
- Plan Type: 401(k)
- Total Participants: 180
- Total Assets: $16.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 180 | $16.2M | $539,654 | $838,373 |
| 2023 | 201 | $15.8M | $612,163 | $930,773 |
| 2022 | 216 | $14.3M | $623,359 | $907,952 |
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 |
|---|---|---|---|---|
| HOGANTAYLOR LLP | Auditor | $16,700 | — | $16,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOGANTAYLOR LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,700
- Estimated Expense Ratio: 0.103% 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 | $101,311 | $24,498 | $35,615 | $16,700 | — |
| 2023 | $92,692 | $21,940 | $33,034 | $15,900 | — |
| 2022 | $76,181 | $20,586 | $35,009 | — | $20,586 |