Plan Ledger DOL Form 5500 · updated monthly

Fnbc of Lagrange, Inc.401(k) + ESOP (KSOP)

F.N.B.C. OF LAGRANGE, INC. EMPLOYEE SMART SAVINGS PLAN · LAGRANGE, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Fnbc of Lagrange, Inc. reported $3,062 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,774 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 rose from 0.00% to 0.02%. 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 1,815th-largest of 3,702 plans among Illinois employers on file, and 3,247th of 4,798 in finance & insurance. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,835,351
Participants with balances118
Active participants78
Employer contributions$294,374
Employee contributions$526,341
Employer contribution per active participant$3,774
Average account balance$151,147
Benefits paid to participants$909,205
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 118 accts · $294K emplr
2023$16.0M · 122 accts · $292K emplr
2022$16.7M · 140 accts · $403K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,062
Total administrative$3,062
The Fnbc of Lagrange, Inc. 401(k) match · 2024
Employer contribution per active participant$3,774
Median for plans this size$2,416
2024$3,774 per active participant
2023$3,512 per active participant
2022$4,740 per active participant

Fnbc of Lagrange, 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.

Administrative cost history3
2024$3,062 · 0.02%
2023$1,300 · 0.01%
2022$604 · 0.00%
Similar plansFinance & Insurance · Illinois
Devon Bank IL$18.8M · 0.31%
R.W. Troxell & Company IL$17.9M · 0.47%
First Federal Savings Bank IL$17.6M · 0.40%
Transmarket Operations, LLC IL$17.2M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362659183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.