Plan Ledger DOL Form 5500 · updated monthly

Fnb Bank, Inc.401(k)

FNB BANK, INC. 401(K) PLAN · MAYFIELD, KY · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Fnb Bank, Inc. reported $73,049 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,622 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 0.70%. 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 among the smaller plans on file in Kentucky (440th of 871), and 3,864th of 4,798 in finance & insurance. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,295,318
Participants with balances143
Active participants129
Employer contributions$338,244
Employee contributions$533,626
Employer contribution per active participant$2,622
Average account balance$78,988
Benefits paid to participants$573,284
Plan auditUnmodified (clean) audit opinion
AuditorLBMC PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 143 accts · $338K emplr
2023$9.6M · 144 accts · $319K emplr
2022$7.8M · 143 accts · $323K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,301
Investment management$39,748
Total administrative$73,049
The Fnb Bank, Inc. 401(k) match · 2024
Employer contribution per active participant$2,622
Median for plans this size$2,416
2024$2,622 per active participant
2023$2,457 per active participant
2022$2,715 per active participant

Fnb Bank, Inc.'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
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$39,287

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$73,049 · 0.70%
2023$60,604 · 0.70%
2022$55,716 · 0.67%
Same employer
Similar plansFinance & Insurance · Kentucky
Magnolia Bank KY$16.5M · 0.10%
Middleground Management LP KY$15.6M · 0.21%
Abound Federal Credit Union KY$12.6M · 0.30%
Edmonton Bancshares, Inc. KY$10.4M · 0.09%
Citizens National Bank KY$8.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610273337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.