# Visionbank 401(k) Plan
Source: https://planprovider.pro/companies/visionbank-401k-plan

> Visionbank&#39;s 401(k) plan: 142 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Visionbank

- **Sponsor EIN:** 420183300

- **Sponsor Address:** 104 CHESTNUT, AMES, IA, 50010

- **Plan Type:** 401(k)

- **Total Participants:** 142

- **Total Assets:** $12.2M

## 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|142|$12.2M|$273,855|$841,568|

| 2023|135|$10.1M|$260,971|$791,727|

| 2022|137|$8.9M|$234,632|$709,862|

## 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|

| MARSHALL VANDER LINDEN CPC, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MARSHALL VANDER LINDEN CPC, LLC](https://planprovider.pro/provider/marshall-vander-linden-cpa-plc) — 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|$54,494|$1,253|—|—|—|

| 2023|$41,065|$138|—|—|—|

| 2022|$45,828|—|$45,828|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/visionbank-401k-plan)

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