Peoples National Bank of Kewanee401(k)
PEOPLES NATIONAL BANK OF KEWANEE PROFIT SHARING PLAN · KEWANEE, IL · plan year 2024
Peoples National Bank of Kewanee's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $11,366,853 across 122 participant accounts, with employer contributions averaging $3,180 per active participant. See methodology for what Form 5500 does and doesn't capture.
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 Illinois (2,273rd of 3,702), and 3,855th of 4,798 in finance & insurance. In 2024, the employer put in $13.45 for every $1.00 employees contributed themselves.
Peoples National Bank of Kewanee'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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 361614225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.