What are the fees in the First Northern Bank of Wyoming 401(k) plan?

For plan year 2024, First Northern Bank of Wyoming reported $2,150 in plan administrative expenses, or 0.01% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the First Northern Bank of Wyoming 401(k) match?

In 2024, employer contributions to the First Northern Bank of Wyoming plan averaged $2,261 per active participant, below the $2,416 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the First Northern Bank of Wyoming 401(k)?

The average participant account balance was $104,428 for plan year 2024, based on 153 accounts.

First Northern Bank of Wyoming401(k) + ESOP (KSOP)

Name: First Northern Bank of Wyoming 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

FNB 401(K) EMPLOYEE STOCK OWNERSHIP PLAN · BUFFALO, WY · plan year 2024

Reported admin expense ratio · 2024

0.01%

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

First Northern Bank of Wyoming reported $2,150 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,261 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 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 33rd-largest of 81 plans among Wyoming employers on file, and 3,407th of 4,798 in finance & insurance. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,977,415
Participants with balances153
Active participants137
Employer contributions$309,814
Employee contributions$577,619
Employer contribution per active participant$2,261
Average account balance$104,428
Benefits paid to participants$2,098,172
Plan auditUnmodified (clean) audit opinion
AuditorEIDE BAILLY LLP

Administrative expenses, itemized · 2024

Recordkeeping & contract admin$2,150

Total administrative$2,150

The First Northern Bank of Wyoming 401(k) match · 2024

Employer contribution per active participant$2,261

Median for plans this size$2,416

First Northern Bank of Wyoming's 2024 employer contribution ran below 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

Your balance

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2024$2,150 · 0.01%

Same employer

First Northern Bank of Wyoming's health & benefits plan: carriers, premiums & broker pay

Similar plansFinance & Insurance · Wyoming
Hilltop National Bank WY$34.3M · 0.02%
Blue Federal Credit Union WY$28.5M · 0.09%
Mountain West Farm Bureau Mutual Insurance Company WY$22.6M · 0.31%
Wallick & Volk, Inc. WY$16.4M · 0.39%
Uniwyo Federal Credit Union WY$9.1M · 0.53%
Meridian Trust Federal Credit Union WY$8.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830107485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.