Plan Ledger DOL Form 5500 · updated monthly

Killbuck Savings Bank Company401(k)

KILLBUCK SAVINGS BANK COMPANY 401(K) · KILLBUCK, OH · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Killbuck Savings Bank Company reported $38,448 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $5,272 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 0.28%. 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 Ohio (1,651st of 3,295), and 3,552nd of 4,798 in finance & insurance. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$14,351,484
Participants with balances161
Active participants117
Employer contributions$616,814
Employee contributions$517,963
Employer contribution per active participant$5,272
Average account balance$89,140
Benefits paid to participants$1,779,005
Plan auditUnmodified (clean) audit opinion
AuditorS.R. SNODGRASS, A.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 161 accts · $617K emplr
2023$13.5M · 162 accts · $543K emplr
2022$12.7M · 175 accts · $526K emplr
Administrative expenses, itemized · 2024
Investment management$38,448
Total administrative$38,448
The Killbuck Savings Bank Company 401(k) match · 2024
Employer contribution per active participant$5,272
Median for plans this size$2,416
2024$5,272 per active participant
2023$4,642 per active participant
2022$4,207 per active participant

Killbuck Savings Bank Company'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$38,448
AMERIPRISE FINANCIAL SERVICES LLCindirect comp

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$38,448 · 0.28%
2023$41,822 · 0.32%
2022$36,034 · 0.26%
Same employer
Similar plansFinance & Insurance · Ohio
United Midwest Savings Bank OH$16.8M · 0.25%
Consumers National Bank OH$15.8M · 0.54%
T2 Financial LLC OH$15.7M · 0.31%
Mechanics Bank OH$14.2M · 0.57%
Roundstone Management, LTD. OH$13.5M · 0.03%
Ems Savings Plan OH$13.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340330520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.