# The National Bank Of Indianapolis Corporation 401(k) Plan
Source: https://planprovider.pro/companies/the-national-bank-of-indianapolis-corporation-401k-plan

> The National Bank Of Indianapolis Corporation's 401(k) plan: 333 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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:

- [EPIC RETIREMENT PLAN SERVICES](https://planprovider.pro/provider/epic-retirement-plan-services) — NONE

## 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|

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