Retirement plan

THE MURRAY BANK 401(K) EMPLOYEE STOCK OWNERSHIP PLAN

Name: THE MURRAY BANK - THE MURRAY BANK 401(K) EMPLOYEE STOCK OWNERSHIP PLAN (2025) Form 5500
Creator: THE MURRAY BANK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MURRAY BANK 401(K) EMPLOYEE STOCK OWNERSHIP PLAN, THE MURRAY BANK

THE MURRAY BANKEIN 61-1345554Plan #001PY 2025

405 SOUTH 12TH STREET - MURRAY, KY 42071270-753-5626themurraybank.comLinkedIn11-50 employeesbanking

Prospect flagsHigh retiree %High fees

How to read this page

Total assets (EOY)

$13.7M

-7.3% from 2024

Total participants

109

-4.4% from 2024

Average account balance

$128,284

-1.2% from 2024

Annual return

14.40%

-0.28 pp from 2024

Benchmarks

See 4,989 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort4,989 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$13.73M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$128K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

107

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$424K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.40%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$34096

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
WELLTH ADVISORY SERVICES LLC2 years Service code 27 722 ESSINGTON ROAD · JOLIET, IL 60435	Advisory (Plan)	$25,791
BLUE CHIP RETIREMENT PLANS, INC.2 years Filed as: BLUE RIDGE ESOP ASSOCIATES Service code 13 154 HANSEN ROAD · CHARLOTTESVILLE, VA 22911	Contract Administrator	$3,163
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$1
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2H2J2K2M2O2Q

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$3.6M

$54452 / participant

Other / not subdivided$4M100.0%

% of EOY assets

26.579%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$128,284

$146,267-12.3%

$197,124-34.9%

$82,448+55.6%

Participation rate

97.0%

84.0%+13.0pp

86.7%+10.3pp

68.1%+28.9pp

Annual return

14.40%

29.61%-15.2pp

44.34%-29.9pp

41.64%-27.2pp

Employer contribution / active EE

$2,766

$4,723-41.4%

$6,227-55.6%

$2,551+8.4%

Participant deferral / active EE

$3,555

$7,035-49.5%

$9,135-61.1%

$4,139-14.1%

Admin fee / account holder

$34,096

$14,422+136.4%

$16,298+109.2%

$7,234+371.3%

Provider

Service type

Compensation

WELLTH ADVISORY SERVICES LLC2 years

Service code 27

722 ESSINGTON ROAD · JOLIET, IL 60435

Advisory (Plan)

$25,791

BLUE CHIP RETIREMENT PLANS, INC.2 years

Filed as: BLUE RIDGE ESOP ASSOCIATES

Service code 13

154 HANSEN ROAD · CHARLOTTESVILLE, VA 22911

Contract Administrator

$3,163

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

THE MURRAY BANK 401(K) EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MURRAY BANK 401(K) EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion