Plan Ledger DOL Form 5500 · updated monthly

Susquehanna Community Bank401(k)

SUSQUEHANNA COMMUNITY BANK PROFIT SHARING PLAN · WEST MILTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Susquehanna Community Bank reported $30,389 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $3,569 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 fell from 0.37% to 0.32%. 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 Pennsylvania (2,325th of 3,651), and 4,020th of 4,798 in finance & insurance. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,628,371
Participants with balances107
Active participants85
Employer contributions$303,387
Employee contributions$390,011
Employer contribution per active participant$3,569
Average account balance$89,985
Benefits paid to participants$1,606,382
Plan auditUnmodified (clean) audit opinion
AuditorS.R. SNODGRASS, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$9.6M · 107 accts · $303K emplr
2023$9.2M · 123 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,389
Total administrative$30,389
The Susquehanna Community Bank 401(k) match · 2024
Employer contribution per active participant$3,569
Median for plans this size$1,313
2024$3,569 per active participant
2023$3,184 per active participant

Susquehanna Community 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
CITIZENS & NORTHERN BANK · Recordkeeping · Consulting$30,389

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

Recordkeeper by year2
2024CITIZENS & NORTHERN BANK
2023July Business Services

This plan has changed recordkeepers within these filings. If you left Susquehanna Community Bank before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$30,389 · 0.32%
2023$32,249 · 0.37%
Same employer
Similar plansFinance & Insurance · Pennsylvania
William Penn Bank PA$11.3M · 0.02%
Pennian Bank PA$11.3M · 0.33%
Absolute Home Mtg Corp PA$9.8M · 0.50%
Ascellahealth LLC PA$8.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232695045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.