Plan Ledger DOL Form 5500 · updated monthly

First Citizens Community Bank401(k)

FIRST CITIZENS COMMUNITY BANK PROFIT SHARING PLAN · MANSFIELD, PA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

First Citizens Community Bank reported $81,342 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,723 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 0.17% to 0.20%. 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 897th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,862nd of 4,798 in finance & insurance. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 321 to 407 since 2022.

Plan summary
Net assets, end of year$43,026,088
Participants with balances484
Active participants407
Employer contributions$1,515,433
Employee contributions$2,416,294
Employer contribution per active participant$3,723
Average account balance$88,897
Benefits paid to participants$3,253,643
Plan auditUnmodified (clean) audit opinion
AuditorLARSON, KELLETT & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$43.0M · 484 accts · $1.5M emplr
2023$36.3M · 495 accts · $1.3M emplr
2022$26.9M · 436 accts · $977K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,313
Investment management$4,694
Audit (IQPA)$12,335
Total administrative$81,342
The First Citizens Community Bank 401(k) match · 2024
Employer contribution per active participant$3,723
Median for plans this size$2,416
2024$3,723 per active participant
2023$3,253 per active participant
2022$3,045 per active participant

First Citizens Community 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 · 20242
LARSON, KELLETT & ASSOCIATES, P.C. · Accounting / audit$13,708

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$81,342 · 0.20%
2023$66,289 · 0.21%
2022$51,838 · 0.17%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Petrochoice Holdings, Inc. PA$44.4M · 0.35%
K2 Insurance Services, LLC PA$42.8M · 0.18%
Somerset Trust Company PA$42.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 240652238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.