F & M Bancshares, Inc.401(k) + ESOP (KSOP)
F & M BANCSHARES, INC. SAVINGS INCENTIVE PLAN · OKLAHOMA CITY, OK · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
F & M Bancshares, Inc. reported $91,369 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,640 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 1.09% to 0.77%. 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 348th-largest of 724 plans among Oklahoma employers on file, and 3,698th of 4,798 in finance & insurance. In 2024, employees put in $1.30 for every $1.00 the employer contributed.
F & M Bancshares, Inc.'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 730956567 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.