Plan Ledger DOL Form 5500 · updated monthly

Eagle Financial Services Inc.401(k)

EAGLE FINANCIAL 401(K) PLAN · FLORENCE, KY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Eagle Financial Services Inc. reported $34,079 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,218 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 0.13% to 0.16%. 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 255th-largest of 871 plans among Kentucky employers on file, and 2,758th of 4,798 in finance & insurance. In 2024, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,064,961
Participants with balances484
Active participants419
Employer contributions$929,160
Employee contributions$2,019,473
Employer contribution per active participant$2,218
Average account balance$49,721
Benefits paid to participants$957,572
Plan auditUnmodified (clean) audit opinion
AuditorRUDLER, PSC
Plan history3
Yearassets · accounts · employer contribution
2024$24.1M · 484 accts · $929K emplr
2023$19.5M · 473 accts · $882K emplr
2022$15.8M · 453 accts · $790K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,201
Investment management$25,878
Total administrative$34,079
The Eagle Financial Services Inc. 401(k) match · 2024
Employer contribution per active participant$2,218
Median for plans this size$2,416
2024$2,218 per active participant
2023$2,028 per active participant
2022$1,889 per active participant

Eagle Financial Services Inc.'s 2024 employer contribution ran below 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
EMPOWER ADVISORY GROUP, LLC · Investment management$21,932
HORAN SECURITIES INC · Investment advisory (plan)$3,946
HORAN SECURITIES INCindirect 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$34,079 · 0.16%
2023$26,408 · 0.15%
2022$21,171 · 0.13%
Same employer
Similar plansFinance & Insurance · Kentucky
Planters Bank KY$33.2M · 0.07%
Farmers National Bank KY$27.6M · 0.19%
Wilson & Muir Bancorp, Inc. KY$23.1M · 0.59%
Field & Main Bank KY$22.8M · 0.05%
Park Federal Credit Union KY$22.1M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611260290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.