Plan Ledger DOL Form 5500 · updated monthly

Wilson Bank & Trust Company401(k)

WILSON BANK AND TRUST COMPANY 401K PLAN · LEBANON, TN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Wilson Bank & Trust Company reported $47,059 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,231 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 fell from 0.08% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 177th-largest of 1,496 plans among Tennessee employers on file, and the 1,078th of 4,798 in finance & insurance. In 2024, employees put in $1.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,127,011
Participants with balances727
Active participants613
Employer contributions$3,819,577
Employee contributions$3,825,483
Employer contribution per active participant$6,231
Average account balance$125,347
Benefits paid to participants$4,799,192
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$91.1M · 727 accts · $3.8M emplr
2023$76.2M · 773 accts · $3.4M emplr
2022$62.9M · 738 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,059
Total administrative$47,059
The Wilson Bank & Trust Company 401(k) match · 2024
Employer contribution per active participant$6,231
Median for plans this size$3,635
2024$6,231 per active participant
2023$5,657 per active participant
2022$5,610 per active participant

Wilson Bank & Trust Company's 2024 employer contribution ran above the $3,635 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 · 20241

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

Administrative cost history3
2024$47,059 · 0.06%
2023$56,951 · 0.08%
2022$51,395 · 0.08%
Same employer
Similar plansFinance & Insurance · Tennessee
Eastman Credit Union TN$146.1M · 0.02%
Fb Financial Corporation TN$138.3M · 0.22%
G. M. Lawrence & Co. TN$96.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621310217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.