Plan Ledger DOL Form 5500 · updated monthly

Hardin County Bancshares, Inc.ESOP

HARDIN COUNTY BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SAVANNAH, TN · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Hardin County Bancshares, Inc. reported $38 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,356 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 0.000% to 0.000%. 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 587th-largest of 1,496 plans among Tennessee employers on file, and 3,201st of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$18,461,189
Participants with balances157
Active participants98
Employer contributions$426,850
Employee contributions—
Employer contribution per active participant$4,356
Average account balance$117,587
Benefits paid to participants$312,398
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 157 accts · $427K emplr
2023$17.1M · 157 accts · $404K emplr
2022$17.5M · 156 accts · $388K emplr
Employer contributions to the Hardin County Bancshares, Inc. plan · 2024
Employer contribution per active participant$4,356
Median for plans this size$2,416
2024$4,356 per active participant
2023$4,206 per active participant
2022$4,005 per active participant

Hardin County Bancshares, Inc.'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.

Administrative cost history3
2024$38 · 0.00%
2023$47 · 0.00%
2022$33 · 0.00%
Same employer
Similar plansFinance & Insurance · Tennessee
Brentwood Services, Inc TN$20.1M · 0.47%
Commercial Bancgroup, Inc. TN$20.0M · 0.01%
Premier Holdings, LLC TN$18.7M · 0.15%
Celero Services Corporation TN$17.7M · 0.36%
Independent Bank TN$17.7M · 0.34%
Paragon Bank TN$17.4M · 0.22%
Mountain Commerce Bank TN$17.3M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621155398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.