Plan Ledger DOL Form 5500 · updated monthly

Qnb Corp.401(k)

QNB RETIREMENT SAVINGS PLAN · QUAKERTOWN, PA · plan year 2024

Employer contribution per participant · 2024
$5,384

Qnb Corp.'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 $37,079,174 across 256 participant accounts, with employer contributions averaging $5,384 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.02% to 0.03%. 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 1,012th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,084th of 4,798 in finance & insurance. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$37,079,174
Participants with balances256
Active participants201
Employer contributions$1,082,094
Employee contributions$1,003,636
Employer contribution per active participant$5,384
Average account balance$144,841
Benefits paid to participants$5,299,614
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.1M · 256 accts · $1.1M emplr
2023$33.8M · 258 accts · $1.0M emplr
2022$27.3M · 250 accts · $941K emplr
The Qnb Corp. 401(k) match · 2024
Employer contribution per active participant$5,384
Median for plans this size$2,416
2024$5,384 per active participant
2023$5,502 per active participant
2022$5,031 per active participant

Qnb Corp.'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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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
2024Not separately reported
2023$7,675 · 0.03%
2022$6,965 · 0.02%
Similar plansFinance & Insurance · Pennsylvania
Diamond Credit Union PA$39.7M · 0.04%
Tandigm Health, LLC PA$39.3M · 0.31%
Allegheny Financial Group PA$39.2M · 0.00%
Acnb Bank PA$38.2M · 0.09%
Andesa Services PA$34.8M · 0.23%
The Ephrata National Bank PA$33.0M · 0.02%
The Reinvestment Fund PA$32.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232318082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.