Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Natcom Bancshares
Natcom Bancshares 401(k)
- Finance and insurance
- Superior, WI
- EIN 39-1921969
- 1 plan with Schedule H financials
- Plan year 2024
- Natcom Bancshares, Inc.
- SEC registrant Natcom Bancshares Inc
Administrative expenses excluding investment management, per participant · National Bank of Commerce 401(k) Profit Sharing Plan · plan year 2024
$409.70
Higher than 94% of the 24,371 plans $10 to 50M that report it.
Source
= $93,821 / 229
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917114905NAL0000493712001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917114905NAL0000493712001, received 2025-09-17
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 2025-09-17.
Cost and contributions
Administrative expenses per participant
$555.29
Higher than 95% of the 25,098 plans $10 to 50M that report it.
Source
= $127,161 / 229
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917114905NAL0000493712001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917114905NAL0000493712001, received 2025-09-17
Administrative expenses as a share of assets
0.560%
Higher than 87% of the 25,132 plans $10 to 50M that report it.
Source
= $127,161 / $22,708,969
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917114905NAL0000493712001, received 2025-09-17
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917114905NAL0000493712001, received 2025-09-17
Employer contributions per participant
$3,537
Higher than 80% of the 24,050 plans $10 to 50M that report it.
Source
= $810,078 / 229
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917114905NAL0000493712001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917114905NAL0000493712001, received 2025-09-17
Employer share of total contributions
35.8%
Higher than 77% of the 24,084 plans $10 to 50M that report it.
Source
= $810,078 / $2,261,028
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917114905NAL0000493712001, received 2025-09-17
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917114905NAL0000493712001, received 2025-09-17
Plan terms, as stated in Natcom Bancshares, Inc.'s SEC filings
Plan terms are not published in public filings.
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 20250917114905NAL0000493712001, received 2025-09-17
Full record, National Bank of Commerce 401(k) Profit Sharing Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | NATCOM BANCSHARES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Plan name | NATIONAL BANK OF COMMERCE 401(K) PROFIT SHARING PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Sponsor EIN / plan number | 39-1921969 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Sponsor location | SUPERIOR, WI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Filing received | 2025-09-17 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Participants, beginning of year | 317 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Active participants | 278 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Participants, end of year | 325 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Participants with an account balance | 229 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Total assets, beginning of year | $21,766,458 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Total assets, end of year | $22,708,969 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Net assets, end of year | $22,708,969 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Total income | $4,576,623 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Net income | $942,511 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Employer contributions | $810,078 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Participant contributions | $1,294,042 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Other contributions (incl. rollovers) | $156,908 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Total contributions | $2,261,028 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Benefit payments | $3,506,951 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Total expenses (incl. benefit payments) | $3,634,112 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Total administrative expenses | $127,161 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Contract administrator fees | $93,821 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Investment advisory and management fees | $33,340 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Administrative expenses excluding investment management | $93,821 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Held in mutual funds | $15,316,705 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250917114905NAL0000493712001, received 2025-09-17 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250917114905NAL0000493712001, received 2025-09-17 |
Position = column in the DOL layout for form year 2024. Filing 20250917114905NAL0000493712001, received 2025-09-17.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $93,821 | yes |
| JNBA FINANCIAL ADVISORS | INVESTMENT ADVISORY | 27 Investment advisory (plan); 50 Direct payment from the plan | $33,340 | no |
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 20250917114905NAL0000493712001, received 2025-09-17.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $21,766,458 | $22,708,969 | 4.3% |
| Participants with a balance | 232 | 229 | -1.3% |
| Administrative expenses | $66,238 | $127,161 | 92.0% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $779,442 | $810,078 | 3.9% |
Prior filing 20240906092147NAL0001967122001, received 2024-09-06; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: NATCOM BANCSHARES, INC.; SEC registrant: NATCOM BANCSHARES INC (CIK 1056669, matched by EIN).