Plan Snapshot
- Plan Sponsor: Tri-Counties Bank
- Sponsor EIN: 942261923
- Sponsor Address: 525 SALEM ST, CHICO, CA, 959285536
- Plan Type: 401(k)
- Total Participants: 1,163
- Total Assets: $83.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,163 | $83.1M | $1.5M | $7.5M |
| 2023 | 1,199 | $69.1M | $1.7M | $6.9M |
| 2022 | 1,198 | $56.7M | $1.6M | $6.1M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $179,027 | — | $179,027 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY | — | $40,000 | $40,000 |
| MOSS ADAMS LLP | ACCOUNTANT | — | $22,575 | $22,575 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY
- MOSS ADAMS LLP — ACCOUNTANT
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $241,602
- Estimated Expense Ratio: 0.291% 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 | $179,027 | — | $179,027 | — | — |
| 2023 | $166,744 | — | $166,744 | — | — |
| 2022 | $188,993 | — | $188,993 | — | — |