Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Investors Heritage Capital
Investors Heritage Capital 401(k)
- Management of companies and enterprises
- Frankfort, KY
- EIN 61-6030333
- 1 plan with Schedule H financials
- Plan year 2024
- Investors Heritage Capital Corp
- filed as Investors Heritage Capital Corporation
Administrative expenses excluding investment management, per participant · Ihcc 401(k) Retirement Plan · plan year 2024
$41.74
Higher than 23% of the 24,371 plans $10 to 50M that report it.
Source
= $5,719 / 137
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251001094932NAL0012429713002, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001094932NAL0012429713002, received 2025-10-01
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 2025-10-01.
Cost and contributions
Administrative expenses per participant
$41.74
Higher than 14% of the 25,098 plans $10 to 50M that report it.
Source
= $5,719 / 137
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001094932NAL0012429713002, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001094932NAL0012429713002, received 2025-10-01
Administrative expenses as a share of assets
0.034%
Higher than 10% of the 25,132 plans $10 to 50M that report it.
Source
= $5,719 / $16,705,034
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001094932NAL0012429713002, received 2025-10-01
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251001094932NAL0012429713002, received 2025-10-01
Employer contributions per participant
$2,273
Higher than 56% of the 24,050 plans $10 to 50M that report it.
Source
= $311,412 / 137
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001094932NAL0012429713002, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001094932NAL0012429713002, received 2025-10-01
Employer share of total contributions
31.3%
Higher than 62% of the 24,084 plans $10 to 50M that report it.
Source
= $311,412 / $996,285
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001094932NAL0012429713002, received 2025-10-01
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251001094932NAL0012429713002, received 2025-10-01
Plan terms, as stated in Investors Heritage Capital Corp's SEC filings
Plan terms are described in Investors Heritage Capital Corp's SEC filings: Form 11-K filed 2017-06-27 and Form 10-K filed 2017-03-22. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 2A age/service-weighted · 2F ERISA 404(c) plan · 2S pre-approved plan document · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251001094932NAL0012429713002, received 2025-10-01
Full record, Ihcc 401(k) Retirement Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | INVESTORS HERITAGE CAPITAL CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Plan name | IHCC 401(K) RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Sponsor EIN / plan number | 61-6030333 / 004 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Sponsor location | FRANKFORT, KY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Industry (business code) | 551112, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Filing received | 2025-10-01 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Participants, beginning of year | 143 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Active participants | 101 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Participants, end of year | 137 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Participants with an account balance | 137 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Total assets, beginning of year | $16,248,820 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Total assets, end of year | $16,705,034 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Net assets, end of year | $16,705,034 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Total income | $2,969,605 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Net income | $456,214 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Employer contributions | $311,412 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Participant contributions | $624,290 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Other contributions (incl. rollovers) | $60,583 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Total contributions | $996,285 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Benefit payments | $2,507,672 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Total expenses (incl. benefit payments) | $2,513,391 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Total administrative expenses | $5,719 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Contract administrator fees | $5,719 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Administrative expenses excluding investment management | $5,719 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Held in mutual funds | $15,146,215 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251001094932NAL0012429713002, received 2025-10-01 |
| Independent auditor | CHERRY BEKAERT, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251001094932NAL0012429713002, received 2025-10-01 |
Position = column in the DOL layout for form year 2024. Filing 20251001094932NAL0012429713002, received 2025-10-01.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMIN | 13 Contract administrator; 50 Direct payment from the plan; 64 Recordkeeping fees | $3,455 | yes |
| RETIREMENT MANAGEMENT SERVICES, LLC | CONTRACT ADMIN | 13 Contract administrator; 50 Direct payment from the plan; 49 Other services; 99 Other fees | $900 | 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 20251001094932NAL0012429713002, received 2025-10-01.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $16,248,820 | $16,705,034 | 2.8% |
| Participants with a balance | 141 | 137 | -2.8% |
| Administrative expenses | $1,476 | $5,719 | 287.5% |
| Recordkeeping fees per participant | $1.06 | not reported | |
| Employer contributions | $311,521 | $311,412 | -0.0% |
Prior filing 20241014161720NAL0054387298003, received 2024-10-14; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: INVESTORS HERITAGE CAPITAL CORPORATION; SEC registrant: Investors Heritage Capital Corp (CIK 55362, matched by EIN).