Plan Ledger DOL Form 5500 · updated monthly

The Muncy Bank & Trust Company401(k)

THE MUNCY BANK & TRUST COMPANY 401(K) PLAN · MUNCY, PA · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

The Muncy Bank & Trust Company reported $24,513 in plan administrative expenses for 2022: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,820 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 rose from 0.28% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Pennsylvania (2,497th of 3,651), and 4,156th of 4,798 in finance & insurance. In 2022, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,183,768
Participants with balances158
Active participants109
Employer contributions$307,382
Employee contributions$417,704
Employer contribution per active participant$2,820
Average account balance$51,796
Benefits paid to participants$1,390,145
Plan auditUnmodified (clean) audit opinion
AuditorS.R. SNODGRASS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$5.6M · 117 accts · $280K emplr
2022$8.2M · 158 accts · $307K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,263
Investment management$18,250
Total administrative$24,513
The The Muncy Bank & Trust Company 401(k) match · 2022
Employer contribution per active participant$2,820
Median for plans this size$1,114

The Muncy Bank & Trust Company's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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

Administrative cost history3
2024Not separately reported
2023$25,806 · 0.37%
2022$24,513 · 0.28%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Ascellahealth LLC PA$8.8M · 0.32%
Title Abstract Co. of PA. PA$8.1M · 0.93%
Heller Capital Group, LLC PA$7.8M · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 240670470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.