Plan Snapshot
- Plan Sponsor: The Fountain Trust Company
- Sponsor EIN: 350317770
- Sponsor Address: 615 THIRD STREET, COVINGTON, IN, 47932
- Plan Type: 401(k)
- Total Participants: 143
- Total Assets: $9.6M
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 | 143 | $9.6M | $298,955 | $546,021 |
| 2023 | 148 | $8.2M | $263,597 | $501,152 |
| 2022 | 145 | $6.7M | $246,959 | $458,602 |
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 |
|---|---|---|---|---|
| PLANTE MORAN, 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 | $1,661 | — | $1,661 | — | — |
| 2023 | $2,879 | — | $2,879 | — | — |
| 2022 | $1,300 | — | $1,300 | — | — |