Plan Ledger DOL Form 5500 · updated monthly

Fcn Bank, National Association401(k)

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCN BANK, NATIONAL ASSOCIATION · BROOKVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Fcn Bank, National Association reported $701 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,519 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 0.00% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Indiana (939th of 1,562), and 4,085th of 4,798 in finance & insurance. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 99 to 135 since 2022.

Plan summary
Net assets, end of year$8,950,447
Participants with balances124
Active participants135
Employer contributions$205,105
Employee contributions$379,113
Employer contribution per active participant$1,519
Average account balance$72,181
Benefits paid to participants$1,130,391
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 124 accts · $205K emplr
2023$8.3M · 128 accts · $199K emplr
2022$8.3M · 129 accts · $256K emplr
The Fcn Bank, National Association 401(k) match · 2024
Employer contribution per active participant$1,519
Median for plans this size$1,313
2024$1,519 per active participant
2023$1,393 per active participant
2022$2,588 per active participant

Fcn Bank, National Association's 2024 employer contribution ran above the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$701

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$701 · 0.01%
2023$336 · 0.00%
2022$350 · 0.00%
Same employer
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Bloom Insurance Agency, LLC IN$10.0M · 0.13%
Citizens Bank IN$9.1M · 0.49%
State Bank IN$8.8M · 0.31%
Ffw Corporation IN$8.0M · 0.25%
Cedar Holdings Inc. IN$7.8M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350320211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.