Plan Ledger DOL Form 5500 · updated monthly

Acnb Bank401(k)

ACNB BANK SALARY SAVINGS PLAN · GETTYSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Acnb Bank reported $32,991 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,778 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.06% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 989th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,033rd of 4,798 in finance & insurance. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 314 to 352 since 2022.

Plan summary
Net assets, end of year$38,188,076
Participants with balances416
Active participants352
Employer contributions$977,858
Employee contributions$2,091,191
Employer contribution per active participant$2,778
Average account balance$91,798
Benefits paid to participants$4,444,533
Plan auditUnmodified (clean) audit opinion
AuditorSMITH ELLIOTT KEARNS & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$38.2M · 416 accts · $978K emplr
2023$34.9M · 388 accts · $920K emplr
2022$30.6M · 392 accts · $855K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,991
Total administrative$32,991
The Acnb Bank 401(k) match · 2024
Employer contribution per active participant$2,778
Median for plans this size$2,416
2024$2,778 per active participant
2023$2,950 per active participant
2022$2,723 per active participant

Acnb Bank's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$32,991
ALDEN CAPITAL · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$32,991 · 0.09%
2023$15,004 · 0.05%
2022$21,790 · 0.06%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Henderson Brothers, Inc. PA$40.2M · 0.20%
Diamond Credit Union PA$39.7M · 0.04%
Tandigm Health, LLC PA$39.3M · 0.31%
Allegheny Financial Group PA$39.2M · 0.00%
Qnb Corp. PA$37.1M
Andesa Services PA$34.8M · 0.23%
The Ephrata National Bank PA$33.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230581360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.