Employers › Renasant Bank
Recordkeeping fees per participant · Renasant Bank 401(k) Plan · plan year 2024
$75.36
Higher than 82% of the 1,697 plans $250M to 1B that report it.
= $225,700 / 2,995
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250627152922NAL0023121474001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627152922NAL0023121474001, received 2025-06-27
Percentiles compare this plan with the Schedule H plans $250M to 1B 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 2025-06-27.
Administrative expenses excluding investment management, per participant
$75.47
Higher than 59% of the 2,324 plans $250M to 1B that report it.
= $226,022 / 2,995
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250627152922NAL0023121474001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627152922NAL0023121474001, received 2025-06-27
Administrative expenses per participant
$82.11
Higher than 46% of the 2,405 plans $250M to 1B that report it.
= $245,922 / 2,995
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627152922NAL0023121474001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627152922NAL0023121474001, received 2025-06-27
Administrative expenses as a share of assets
0.077%
Higher than 53% of the 2,407 plans $250M to 1B that report it.
= $245,922 / $320,209,760
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627152922NAL0023121474001, received 2025-06-27
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250627152922NAL0023121474001, received 2025-06-27
Employer contributions per participant
$2,533
Higher than 39% of the 2,457 plans $250M to 1B that report it.
= $7,586,933 / 2,995
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627152922NAL0023121474001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627152922NAL0023121474001, received 2025-06-27
Employer share of total contributions
32.5%
Higher than 54% of the 2,459 plans $250M to 1B that report it.
= $7,586,933 / $23,372,986
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627152922NAL0023121474001, received 2025-06-27
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250627152922NAL0023121474001, received 2025-06-27
Plan terms are not published in public filings.
2E profit-sharing · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250627152922NAL0023121474001, received 2025-06-27
| Field | Value | Source |
|---|---|---|
| Plan sponsor | RENASANT BANK | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Plan name | RENASANT BANK 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Sponsor EIN / plan number | 64-0220550 / 004 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Sponsor location | TUPELO, MS | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Filing received | 2025-06-27 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Participants, beginning of year | 3,123 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Active participants | 2,310 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Participants, end of year | 3,032 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Participants with an account balance | 2,995 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Total assets, beginning of year | $295,641,695 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Total assets, end of year | $320,209,760 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Net assets, end of year | $320,209,760 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Total income | $60,023,788 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Net income | $24,568,065 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Employer contributions | $7,586,933 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Participant contributions | $14,028,113 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Other contributions (incl. rollovers) | $1,757,940 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Total contributions | $23,372,986 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Benefit payments | $35,209,801 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Total expenses (incl. benefit payments) | $35,455,723 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Total administrative expenses | $245,922 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Recordkeeping fees | $225,700 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Investment advisory and management fees | $19,900 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Administrative expenses excluding investment management | $226,022 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Held in mutual funds | $293,050,642 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250627152922NAL0023121474001, received 2025-06-27 |
| Independent auditor | HORNE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250627152922NAL0023121474001, received 2025-06-27 |
Position = column in the DOL layout for form year 2024. Filing 20250627152922NAL0023121474001, received 2025-06-27.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | RECORDKEEPER | 64 Recordkeeping fees | $225,700 | yes |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | 28 Investment management | $19,900 | 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 20250627152922NAL0023121474001, received 2025-06-27.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $295,641,695 | $320,209,760 | 8.3% |
| Participants with a balance | 3,073 | 2,995 | -2.5% |
| Administrative expenses | $187,469 | $245,922 | 31.2% |
| Recordkeeping fees per participant | $5.67 | $75.36 | 1227.9% |
| Employer contributions | $6,846,486 | $7,586,933 | 10.8% |
Prior filing 20240627164753NAL0006517795001, received 2024-06-27; the plan years are contiguous.
Sponsor name as filed: RENASANT BANK; SEC registrant: Renasant Bank (CIK 1656167, matched by EIN).