Plan Snapshot
- Plan Sponsor: The National Bank Of Indianapolis Corporation
- Sponsor EIN: 351887991
- Sponsor Address: 107 NORTH PENNSYLVANIA ST SUITE 500, INDIANAPOLIS, IN, 462042420
- Plan Type: 401(k)
- Total Participants: 333
- Total Assets: $94.9M
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 | 333 | $94.9M | $1.2M | $3.1M |
| 2023 | 320 | $85.0M | $1.3M | $3.0M |
| 2022 | 312 | $72.6M | $1.3M | $2.8M |
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 |
|---|---|---|---|---|
| HOVDE GROUP, LLC | NONE | $31,650 | — | $31,650 |
| EPIC RETIREMENT PLAN SERVICES | NONE | $28,810 | — | $28,810 |
| CBIZ MHM, LLC | NONE | $12,550 | — | $12,550 |
| TRINITY PENSION CONSULTANTS | TPA | $7,100 | — | $7,100 |
| CBIZ CPAS PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,110
- Estimated Expense Ratio: 0.084% 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 | $50,478 | — | $50,478 | — | — |
| 2023 | $61,072 | — | $61,072 | — | — |
| 2022 | $59,648 | — | — | — | $27,625 |