Plan Ledger DOL Form 5500 · updated monthly

First National Bank of Pennsylvania401(k)

UNION BANK 401(K) PROFIT SHARING PLAN · HERMITAGE, PA · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

First National Bank of Pennsylvania reported $31,669 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,931 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Pennsylvania (2,102nd of 3,651), and 3,783rd of 4,798 in finance & insurance. In 2022, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,022,199
Participants with balances153
Active participants135
Employer contributions$395,708
Employee contributions$763,854
Employer contribution per active participant$2,931
Average account balance$78,576
Benefits paid to participants$2,671,884
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$12.0M · 153 accts · $396K emplr
Administrative expenses, itemized · 2022
Investment management$31,669
Total administrative$31,669
The First National Bank of Pennsylvania 401(k) match · 2022
Employer contribution per active participant$2,931
Median for plans this size$2,266

First National Bank of Pennsylvania's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$31,669 · 0.23%
Similar plansFinance & Insurance · Pennsylvania
Kismet Peo, LLC PA$13.8M · 0.39%
Allied Mortgage Group, Inc. PA$13.2M · 0.48%
R&Q Solutions PA$13.1M · 0.18%
Woodlands Bank PA$11.7M · 0.28%
Infirst Bank PA$11.5M · 0.18%
William Penn Bank PA$11.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251255405 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.