Plan Ledger DOL Form 5500 · updated monthly

Fnbc Bank401(k)

FNBC BANK 401 (K) PLAN · ASH FLAT, AR · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Fnbc Bank reported $30,925 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $4,357 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 fell from 0.39% to 0.30%. 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 216th-largest of 456 plans among Arkansas employers on file, and 3,892nd of 4,798 in finance & insurance. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,975,127
Participants with balances145
Active participants121
Employer contributions$527,190
Employee contributions$802,379
Employer contribution per active participant$4,357
Average account balance$75,691
Benefits paid to participants$1,425,772
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS BONE AND GRIESBECK PLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 145 accts · $527K emplr
2023$9.8M · 172 accts · $489K emplr
2022$9.5M · 155 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,925
Total administrative$30,925
The Fnbc Bank 401(k) match · 2024
Employer contribution per active participant$4,357
Median for plans this size$2,416
2024$4,357 per active participant
2023$3,976 per active participant
2022$3,661 per active participant

Fnbc Bank'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
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$2,293

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$30,925 · 0.30%
2023$53,828 · 0.56%
2022$38,611 · 0.39%
Same employer
Similar plansFinance & Insurance · Arkansas
The Citizens Bank AR$16.2M · 0.63%
Encore Bank AR$14.7M · 0.99%
State Holding Company AR$14.3M · 0.55%
Diamond Bank AR$13.0M · 0.40%
Union Bank AR$9.7M · 0.38%
Malvern National Bank AR$8.8M · 0.17%
Stone Bank AR$7.7M · 0.09%
First Service Bank AR$7.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710009635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.