Plan Snapshot
- Plan Sponsor: The Middlefield Banking Company
- Sponsor EIN: 340399850
- Sponsor Address: P O BOX 35, MIDDLEFIELD, OH, 44062
- Plan Type: 401(k)
- Total Participants: 241
- Total Assets: $17.7M
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 | 241 | $17.7M | $582,151 | $1.6M |
| 2023 | 251 | $15.6M | $571,402 | $1.5M |
| 2022 | 238 | $12.6M | $455,086 | $1.2M |
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 |
|---|---|---|---|---|
| SR SNODGRASS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SR SNODGRASS — Auditor
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 | $72,438 | $1,868 | — | — | — |
| 2023 | $79,626 | $40,258 | — | — | — |
| 2022 | $73,952 | — | — | — | — |