Plan Ledger DOL Form 5500 · updated monthly

Fidelity Deposit & Discount Bank401(k)

FIDELITY DEPOSIT & DISCOUNT BANK PROFIT SHARING PLAN · SCRANTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Fidelity Deposit & Discount Bank reported $65,332 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,875 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 0.27% to 0.25%. 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 1,247th-largest of 3,651 plans among Pennsylvania employers on file, and 2,531st of 4,798 in finance & insurance. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,935,696
Participants with balances343
Active participants288
Employer contributions$1,115,901
Employee contributions$1,490,714
Employer contribution per active participant$3,875
Average account balance$81,445
Benefits paid to participants$3,153,446
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$27.9M · 343 accts · $1.1M emplr
2023$25.3M · 352 accts · $1.1M emplr
2022$21.9M · 347 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,978
Investment management$10,354
Audit (IQPA)$10,000
Total administrative$65,332
The Fidelity Deposit & Discount Bank 401(k) match · 2024
Employer contribution per active participant$3,875
Median for plans this size$2,416
2024$3,875 per active participant
2023$3,768 per active participant
2022$3,813 per active participant

Fidelity Deposit & Discount 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 · 20243
JOHN HANCOCK · Recordkeeping$44,978
NORTHSTAR FIDUCIARY PARTNERS, LLC · Investment advisory (plan)$10,354
KRONICK KALADA BERDY & CO. PC · Accounting / audit$10,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$65,332 · 0.25%
2023$61,120 · 0.26%
2022$62,086 · 0.27%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Wayne Bank PA$28.2M · 0.03%
Lombard International PA$28.2M · 0.10%
The Benecon Group, LLC PA$27.3M · 0.32%
Nextier Bank, N.A. PA$27.1M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 240578040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.