Plan Snapshot
- Plan Sponsor: White River Bancshares Company
- Sponsor EIN: 201209354
- Sponsor Address: 3878 N. CROSSOVER ROAD, SUITE 20, FAYETTEVILLE, AR, 72703
- Plan Type: 401(k)
- Total Participants: 200
- Total Assets: $20.4M
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 | 200 | $20.4M | $682,937 | $1.1M |
| 2023 | 201 | $17.5M | $635,601 | $1.1M |
| 2022 | 188 | $14.3M | $525,299 | $973,680 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | — | $19,130 | $19,130 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $16,535 | — | $16,535 |
| DEFINITI, LLC | THIRD PARTY ADMINISTRATO | $3,750 | $9,066 | $12,816 |
| MORNINGSTAR | SERVICE PROVIDER | — | $9,565 | $9,565 |
| ERWIN & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORNINGSTAR — SERVICE PROVIDER
- ERWIN & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,046
- Estimated Expense Ratio: 0.284% 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 | $24,013 | $16,663 | $6,450 | — | — |
| 2023 | $16,790 | $11,986 | — | — | — |
| 2022 | $14,793 | $9,393 | — | — | $5,400 |