Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › National Bank of Indianapolis
National Bank of Indianapolis 401(k)
- Finance and insurance
- Indianapolis, IN
- EIN 35-1887991
- 1 plan with Schedule H financials
- Plan year 2024
- The National Bank of Indianapolis Corporation
- SEC registrant National Bank of Indianapolis Corp
Administrative expenses excluding investment management, per participant · The National Bank of Indianapolis Corporation 401(k) Savings Plan · plan year 2024
$141.39
Higher than 72% of the 8,758 plans $50 to 250M that report it.
Source
= $50,478 / 357
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014155145NAL0006750114001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014155145NAL0006750114001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-14.
Cost and contributions
Administrative expenses per participant
$141.39
Higher than 54% of the 9,042 plans $50 to 250M that report it.
Source
= $50,478 / 357
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014155145NAL0006750114001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014155145NAL0006750114001, received 2025-10-14
Administrative expenses as a share of assets
0.053%
Higher than 21% of the 9,049 plans $50 to 250M that report it.
Source
= $50,478 / $94,868,569
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014155145NAL0006750114001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014155145NAL0006750114001, received 2025-10-14
Employer contributions per participant
$3,496
Higher than 62% of the 9,105 plans $50 to 250M that report it.
Source
= $1,248,015 / 357
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014155145NAL0006750114001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014155145NAL0006750114001, received 2025-10-14
Employer share of total contributions
27.8%
Higher than 44% of the 9,112 plans $50 to 250M that report it.
Source
= $1,248,015 / $4,483,021
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014155145NAL0006750114001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014155145NAL0006750114001, received 2025-10-14
Plan terms, as stated in The National Bank of Indianapolis Corporation's SEC filings
Plan terms are described in The National Bank of Indianapolis Corporation's SEC filings: Form 10-K filed 2012-03-09. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3I · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014155145NAL0006750114001, received 2025-10-14
Full record, The National Bank of Indianapolis Corporation 401(k) Savings Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | THE NATIONAL BANK OF INDIANAPOLIS CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Plan name | THE NATIONAL BANK OF INDIANAPOLIS CORPORATION 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Sponsor EIN / plan number | 35-1887991 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Sponsor location | INDIANAPOLIS, IN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Participants, beginning of year | 383 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Active participants | 333 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Participants, end of year | 384 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Participants with an account balance | 357 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Total assets, beginning of year | $85,029,865 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Total assets, end of year | $94,868,569 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Net assets, end of year | $94,868,569 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Total income | $17,167,700 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Net income | $9,838,704 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Employer contributions | $1,248,015 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Participant contributions | $3,050,507 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $184,499 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Total contributions | $4,483,021 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Benefit payments | $7,278,518 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $7,328,996 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Total administrative expenses | $50,478 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Contract administrator fees | $50,478 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Administrative expenses excluding investment management | $50,478 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Held in mutual funds | $83,871,434 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014155145NAL0006750114001, received 2025-10-14 |
| Independent auditor | CBIZ CPAS PC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014155145NAL0006750114001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014155145NAL0006750114001, received 2025-10-14.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| HOVDE GROUP, LLC | NONE | 34 Valuation (appraisals etc.); 50 Direct payment from the plan | $31,650 | no |
| EPIC RETIREMENT PLAN SERVICESrecordkeeper | NONE | 15 Recordkeeping and information management; 28 Investment management | $28,810 | no |
| CBIZ MHM, LLC | NONE | 27 Investment advisory (plan) | $12,550 | no |
| TRINITY PENSION CONSULTANTS | TPA | 11 Actuarial | $7,100 | 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 20251014155145NAL0006750114001, received 2025-10-14.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $85,029,865 | $94,868,569 | 11.6% |
| Participants with a balance | 361 | 357 | -1.1% |
| Administrative expenses | $61,072 | $50,478 | -17.3% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $1,320,988 | $1,248,015 | -5.5% |
Prior filing 20241014115031NAL0026076929001, received 2024-10-14; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: THE NATIONAL BANK OF INDIANAPOLIS CORPORATION; SEC registrant: NATIONAL BANK OF INDIANAPOLIS CORP (CIK 912382, matched by EIN).