Retirement plan

FNB FINANCIAL SERVICES, INC. ESOP WITH 401(K) PROVISIONS

Name: FNB FINANCIAL SERVICES, INC. - FNB FINANCIAL SERVICES, INC. ESOP WITH 401(K) PROVISIONS (2021) Form 5500
Creator: FNB FINANCIAL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FNB FINANCIAL SERVICES, INC. ESOP WITH 401(K) PROVISIONS, FNB FINANCIAL SERVICES, INC.

FNB FINANCIAL SERVICES, INC.EIN 73-1283778Plan #002PY 2021

220 WEST MAIN - DURANT, OK 74701580-924-4242

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.6M

-2.4% from 2020

Total participants

-10.3% from 2020

Average account balance

$75,739

+8.8% from 2020

Annual return

4.41%

+2.02 pp from 2020

Benchmarks

See 519 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants25-99

Cohort519 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.87M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$309K

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

-0.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10197

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2I2J2K2P3I

Plan features

2I
Stock bonus
Stock bonus plan.
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.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$636K

$12986 / participant

Other / not subdivided$636K100.0%

% of EOY assets

13.773%

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

$75,739

$102,065-25.8%

$453,569-83.3%

$85,856-11.8%

Participation rate

100.0%

72.4%+27.6pp

78.0%+22.0pp

69.3%+30.7pp

Annual return

4.41%

25.44%-21.0pp

64.43%-60.0pp

318.58%-314.2pp

Employer contribution / active EE

$3,058

$2,852+7.2%

$4,072-24.9%

$2,565+19.2%

Participant deferral / active EE

$3,184

$4,789-33.5%

$6,211-48.7%

$3,952-19.4%

Admin fee / account holder

$10,431

$5,717+82.5%

$11,214-7.0%

$6,261+66.6%

FNB FINANCIAL SERVICES, INC. ESOP WITH 401(K) PROVISIONS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FNB FINANCIAL SERVICES, INC. ESOP WITH 401(K) PROVISIONS

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