Retirement plan

PLANTERS BANK AND TRUST COMPANY 401(K) RETIREMENT PLAN

Name: PLANTERS BANK AND TRUST COMPANY - PLANTERS BANK AND TRUST COMPANY 401(K) RETIREMENT PLAN (2023) Form 5500
Creator: PLANTERS BANK AND TRUST COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLANTERS BANK AND TRUST COMPANY 401(K) RETIREMENT PLAN, PLANTERS BANK AND TRUST COMPANY

PLANTERS BANK AND TRUST COMPANYEIN 64-0223390Plan #002PY 2023

212 CATCHINGS AVENUE - INDIANOLA, MS 387512408662-887-3363

Other plans on this EIN

1 filing

#001Retirement-$22.5M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed January 23, 2026 (most recent of 8 filings on file)

Plan administrator

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1650 Hwy 1 South

Greenville, MS 38701

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Plans declared (1)

Plan name not on file1 emp

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Total assets (EOY)

$29.4M

+13.6% from 2022

Total participants

300

+3.8% from 2022

Average account balance

$104,911

+11.6% from 2022

Annual return

19.21%

+34.58 pp from 2022

Benchmarks

See 2,152 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,152 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$34.08M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$114K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

299

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.81M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.46%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$550

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY4 years Service code 99	Other Fees	$36,424
ERISA SERVICES, INC.3 years Filed as: ERISA SPECIALISTS/ BENEFITS PROFESS Service code 49 · EIN 90-1118690	Other Services	$26,972
MORNINGSTAR9+ years Service code 27	Advisory (Plan)	$2,939
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES FINANCIAL SERVICES AD Service code 99 · EIN 59-2937883	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$69K

$282 / participant

Contract admin$69K100.0%

% of EOY assets

0.236%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$104,911

$130,294-19.5%

$170,057-38.3%

$71,529+46.7%

Participation rate

91.9%

86.2%+5.7pp

87.0%+4.9pp

67.9%+23.9pp

Annual return

19.21%

20.36%-1.2pp

53.42%-34.2pp

28.97%-9.8pp

Employer contribution / active EE

$2,495

$4,385-43.1%

$6,790-63.3%

$2,590-3.7%

Participant deferral / active EE

$4,787

$6,928-30.9%

$10,411-54.0%

$4,291+11.5%

Admin fee / account holder

$247

$966-74.4%

$12,826-98.1%

$1,588-84.4%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY4 years

Service code 99

Other Fees

$36,424

ERISA SERVICES, INC.3 years

Filed as: ERISA SPECIALISTS/ BENEFITS PROFESS

Service code 49 · EIN 90-1118690

Other Services

$26,972

MORNINGSTAR9+ years

Service code 27

Advisory (Plan)

$2,939

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES FINANCIAL SERVICES AD

Service code 99 · EIN 59-2937883

Other Fees

PLANTERS BANK AND TRUST COMPANY 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLANTERS BANK AND TRUST COMPANY 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion