Plan Ledger DOL Form 5500 · updated monthly

First National Bank of PulaskiProfit-sharing plan

FIRST NATIONAL BANK OF PULASKI PROFIT SHARING PLAN · PULASKI, TN · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

First National Bank of Pulaski reported $145,990 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $10,476 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 3 years on file its reported administrative ratio has held roughly steady near 0.39%. 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 334th-largest of 1,496 plans among Tennessee employers on file, and the 1,986th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$39,478,548
Participants with balances242
Active participants146
Employer contributions$1,529,480
Employee contributions—
Employer contribution per active participant$10,476
Average account balance$163,134
Benefits paid to participants$1,776,785
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 242 accts · $1.5M emplr
2023$35.3M · 239 accts · $1.4M emplr
2022$30.9M · 227 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,592
Investment management$63,398
Total administrative$145,990
Employer contributions to the First National Bank of Pulaski plan · 2024
Employer contribution per active participant$10,476
Median for plans this size$2,416
2024$10,476 per active participant
2023$9,853 per active participant
2022$9,213 per active participant

First National Bank of Pulaski's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
ACUFF & ASSOCIATES, INC. · Recordkeeping$26,879
RAYMOND JAMES FSA, INC. · Investment advisory (participants)$63,398

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

Recordkeeper by year2
2024ACUFF & ASSOCIATES, INC.
2023ACUFF & ASSOCIATES, INC.

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

Administrative cost history3
2024$145,990 · 0.39%
2023$127,043 · 0.38%
2022$125,989 · 0.37%
Same employer
Similar plansFinance & Insurance · Tennessee
Y-12 Federal Credit Union TN$40.2M · 0.03%
Ornl Federal Credit Union TN$37.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620339305 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.