Plan Ledger DOL Form 5500 · updated monthly

Stone Bank401(k)

STONE BANK 401(K) PLAN · MOUNTIAN VIEW, AR · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Stone Bank reported $6,730 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,892 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 0.08% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Arkansas (258th of 456), and 4,202nd of 4,798 in finance & insurance. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,690,585
Participants with balances131
Active participants124
Employer contributions$358,667
Employee contributions$614,553
Employer contribution per active participant$2,892
Average account balance$58,707
Benefits paid to participants$1,258,020
Plan auditUnmodified (clean) audit opinion
AuditorS. F. FISER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 131 accts · $359K emplr
2023$6.8M · 136 accts · $374K emplr
2022$5.6M · 135 accts · $346K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,730
Total administrative$6,730
The Stone Bank 401(k) match · 2024
Employer contribution per active participant$2,892
Median for plans this size$1,313
2024$2,892 per active participant
2023$3,068 per active participant
2022$2,982 per active participant

Stone Bank's 2024 employer contribution ran above the $1,313 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 · 20241
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$6,730

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,730 · 0.09%
2023$6,055 · 0.10%
2022$4,967 · 0.08%
Same employer
Similar plansFinance & Insurance · Arkansas
Diamond Bank AR$13.0M · 0.40%
Fnbc Bank AR$11.0M · 0.30%
Union Bank AR$9.7M · 0.38%
Malvern National Bank AR$8.8M · 0.17%
First Service Bank AR$7.6M · 0.17%
Today's Bank AR$4.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710271595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.