Plan Ledger DOL Form 5500 · updated monthly

Cnb Bank401(k)

CNB BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST · CLEARFIELD, PA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Cnb Bank reported $38,526 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,522 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 fell from 0.07% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 487th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,026th of 4,798 in finance & insurance. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$96,850,484
Participants with balances999
Active participants789
Employer contributions$4,356,881
Employee contributions$4,407,554
Employer contribution per active participant$5,522
Average account balance$96,947
Benefits paid to participants$6,965,675
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$96.9M · 999 accts · $4.4M emplr
2023$80.8M · 985 accts · $5.4M emplr
2022$67.2M · 945 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,272
Investment management$14,254
Total administrative$38,526
The Cnb Bank 401(k) match · 2024
Employer contribution per active participant$5,522
Median for plans this size$3,635
2024$5,522 per active participant
2023$6,873 per active participant
2022$5,633 per active participant

Cnb Bank's 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,272
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,254

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$38,526 · 0.04%
2023$20,439 · 0.03%
2022$49,509 · 0.07%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Westguard Insurance Company PA$112.0M · 0.09%
Emoney Advisor, LLC PA$100.3M · 0.08%
Customers Bank PA$96.1M · 0.20%
Hamilton Lane Advisors, LLC PA$94.9M · 0.15%
SHIFT4 Payments, LLC PA$94.9M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 250422340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.