Plan Ledger DOL Form 5500 · updated monthly

Traditions Bank401(k)

TRADITIONS BANK RETIREMENT PLAN · YORK, PA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Traditions Bank reported $59,522 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,697 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 3 years on file its reported administrative ratio has held roughly steady near 0.313%. 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 1,574th-largest of 3,651 plans among Pennsylvania employers on file, and 3,122nd of 4,798 in finance & insurance. In 2024, employees put in $4.35 for every $1.00 the employer contributed; active participation has shrunk from 146 to 130 since 2022.

Plan summary
Net assets, end of year$19,387,646
Participants with balances152
Active participants130
Employer contributions$220,647
Employee contributions$959,082
Employer contribution per active participant$1,697
Average account balance$127,550
Benefits paid to participants$2,381,063
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$19.4M · 152 accts · $221K emplr
2023$18.7M · 177 accts · $466K emplr
2022$15.4M · 173 accts · $462K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,522
Total administrative$59,522
The Traditions Bank 401(k) match · 2024
Employer contribution per active participant$1,697
Median for plans this size$2,416
2024$1,697 per active participant
2023$3,481 per active participant
2022$3,163 per active participant

Traditions Bank's 2024 employer contribution ran below 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.

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 · 20244
RBC CAPITAL MARKETS, LLC · Investment advisory (plan)$22,248
EMPOWER ADVISORY GROUP, LLC · Investment management$4,915
PA RETIREMENT SOLUTIONS, INC. · Contract administrator$4,600

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

Administrative cost history4
2025Not separately reported
2024$59,522 · 0.31%
2023$47,233 · 0.28%
2022$49,955 · 0.31%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Fncb Bank PA$20.4M · 0.08%
Freedom Credit Union PA$19.8M · 0.34%
Radius Holdings LLC PA$19.7M · 0.87%
Journey Bank PA$18.5M · 0.23%
Community Bank PA$18.5M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030454928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.