Plan Ledger DOL Form 5500 · updated monthly

Infirst Bank401(k)

INFIRST BANK 401(K) PROFIT SHARING PLAN · INDIANA, PA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Infirst Bank reported $18,879 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,475 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 1 year on file its reported administrative ratio rose from 0.17% to 0.18%. 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 Pennsylvania (2,146th of 3,651), and 3,841st of 4,798 in finance & insurance. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,533,183
Participants with balances129
Active participants113
Employer contributions$392,655
Employee contributions$594,225
Employer contribution per active participant$3,475
Average account balance$89,405
Benefits paid to participants$364,820
Plan auditUnmodified (clean) audit opinion
AuditorMCGILL, POWER, BELL & ASSOCIATES
Plan history2
Yearassets · accounts · employer contribution
2024$11.5M · 129 accts · $393K emplr
2023$9.6M · 124 accts · $401K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,321
Total administrative$18,879
The Infirst Bank 401(k) match · 2024
Employer contribution per active participant$3,475
Median for plans this size$2,416
2024$3,475 per active participant
2023$3,371 per active participant

Infirst Bank'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 · 20243
NATIONWIDE · Consulting$29,009
BAKER TILLY VANTAGEN · Consulting$7,382
PROACCOUNT · Investment advisory (participants)$6,820

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$18,879 · 0.18%
2023$14,429 · 0.17%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Woodlands Bank PA$11.7M · 0.28%
William Penn Bank PA$11.3M · 0.02%
Pennian Bank PA$11.3M · 0.33%
Absolute Home Mtg Corp PA$9.8M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250567090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.