# West Alabama Bank & Trust 401(k) Plan
Source: https://planprovider.pro/companies/west-alabama-bank-trust-401k-plan

> West Alabama Bank & Trust's 401(k) plan: 161 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** West Alabama Bank & Trust

- **Sponsor EIN:** 630237528

- **Sponsor Address:** P.O. BOX 310, REFORM, AL, 35481

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

- **Total Participants:** 161

- **Total Assets:** $10.8M

## 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|161|$10.8M|$396,578|$458,773|

| 2023|144|$10.1M|$353,202|$411,561|

| 2022|135|$8.7M|$324,263|$362,719|

## 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|

| T E LOTT & COMPANY|Auditor|—|—|$0|

## 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|$53,610|—|$53,610|—|—|

| 2023|$43,821|—|$43,821|—|—|

| 2022|$34,182|—|$34,182|—|—|

## Similar Plans

- [Oakworth Capital Bank](https://planprovider.pro/companies/oakworth-capital-bank-401k-plan) — 160 participants

- [Citizens Bank And Trust](https://planprovider.pro/companies/citizens-bank-and-trust-401k-plan) — 155 participants

- [First Us Bancshares, INC.](https://planprovider.pro/companies/first-us-bancshares-inc-401k-plan) — 153 participants

- [Auburn National Bancorporation, INC.](https://planprovider.pro/companies/auburn-national-bancorporation-inc-401k-plan) — 150 participants

- [Metro Bank](https://planprovider.pro/companies/metro-bank-401k-plan) — 146 participants

- [Troy Bank & Trust Company](https://planprovider.pro/companies/troy-bank-trust-company-401k-plan) — 185 participants

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

© 2026 PlanProvider.Pro