Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › CIB Marine Bancshares
CIB Marine Bancshares 401(k)
- Finance and insurance
- Brookfield, WI
- EIN 37-1203599
- 1 plan with Schedule H financials
- Plan year 2024
- CIB Marine Bancshares, Inc.
- SEC registrant CIB Marine Bancshares Inc
Administrative expenses excluding investment management, per participant · CIB Marine Bancshares, Inc. 401(k) Plan · plan year 2024
$173.69
Higher than 67% of the 24,371 plans $10 to 50M that report it.
Source
= $40,297 / 232
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250923094204NAL0002483299001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923094204NAL0002483299001, received 2025-09-23
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-23.
Cost and contributions
Administrative expenses per participant
$173.69
Higher than 44% of the 25,098 plans $10 to 50M that report it.
Source
= $40,297 / 232
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250923094204NAL0002483299001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923094204NAL0002483299001, received 2025-09-23
Administrative expenses as a share of assets
0.164%
Higher than 29% of the 25,132 plans $10 to 50M that report it.
Source
= $40,297 / $24,547,241
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250923094204NAL0002483299001, received 2025-09-23
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250923094204NAL0002483299001, received 2025-09-23
Employer contributions per participant
$1,479
Higher than 32% of the 24,050 plans $10 to 50M that report it.
Source
= $343,227 / 232
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250923094204NAL0002483299001, received 2025-09-23
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923094204NAL0002483299001, received 2025-09-23
Employer share of total contributions
24.9%
Higher than 40% of the 24,084 plans $10 to 50M that report it.
Source
= $343,227 / $1,376,838
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250923094204NAL0002483299001, received 2025-09-23
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250923094204NAL0002483299001, received 2025-09-23
Plan terms, as stated in CIB Marine Bancshares, Inc.'s SEC filings
Plan terms are described in CIB Marine Bancshares, Inc.'s SEC filings: Form 10-K filed 2012-03-23. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250923094204NAL0002483299001, received 2025-09-23
Full record, CIB Marine Bancshares, Inc. 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CIB MARINE BANCSHARES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Plan name | CIB MARINE BANCSHARES, INC. 401K PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Sponsor EIN / plan number | 37-1203599 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Sponsor location | BROOKFIELD, WI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Filing received | 2025-09-23 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Participants, beginning of year | 249 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Active participants | 168 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Participants, end of year | 235 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Participants with an account balance | 232 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Total assets, beginning of year | $21,260,810 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Total assets, end of year | $24,547,241 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Net assets, end of year | $24,526,741 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Total income | $4,631,646 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Net income | $3,285,931 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Employer contributions | $343,227 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Participant contributions | $1,028,496 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Other contributions (incl. rollovers) | $5,115 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Total contributions | $1,376,838 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Benefit payments | $1,305,418 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Total expenses (incl. benefit payments) | $1,345,715 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Total administrative expenses | $40,297 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Administrative expenses excluding investment management | $40,297 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Held in common/collective trusts | $905,554 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Held in mutual funds | $23,330,222 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250923094204NAL0002483299001, received 2025-09-23 |
| Independent auditor | CROWE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250923094204NAL0002483299001, received 2025-09-23 |
Position = column in the DOL layout for form year 2024. Filing 20250923094204NAL0002483299001, received 2025-09-23.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| CROWE LLP | NONE | 10 Accounting (including auditing) | $21,687 | no |
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 16 Consulting (general); 25 Trustee (directed); 37 Participant loan processing; 38 Participant communication; 52 Investment management fees paid indirectly by plan | $19,435 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250923094204NAL0002483299001, received 2025-09-23.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $21,260,810 | $24,547,241 | 15.5% |
| Participants with a balance | 243 | 232 | -4.5% |
| Administrative expenses | $38,385 | $40,297 | 5.0% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $337,012 | $343,227 | 1.8% |
Prior filing 20240905073924NAL0034508624001, received 2024-09-05; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: CIB MARINE BANCSHARES, INC.; SEC registrant: CIB MARINE BANCSHARES INC (CIK 861955, matched by EIN).