Farmers National Bank 401(K) Plan — Form 5500 plan (Farmers National Bank)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Farmers National Bank 401(K) Plan is a benefit plan reported by Farmers National Bank under EIN 61-0189296 and plan number 002. The latest loaded filing year is 2023. The filing reports 213 participants and $23,215,158 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Farmers National Bank
- EIN
- 61-0189296
- Plan number
- 002
- Plan type
- 2
- Location
- Danville, KY
- Latest filing year
- 2023
- Participants
- 213
- End-of-year plan assets
- $23,215,158
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 213 | H, C | 20240821133953NAL0008161842001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,215,158
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,215,158
- Net assets (BOY)
- $19,800,476
Income & contributions
- Employer contributions
- $825,114
- Participant contributions
- $963,820
- Total contributions
- $1,791,565
- Total income / additions
- $4,804,295
Expenses & distributions
- Benefits paid
- $1,348,629
- Administrative expenses
- $40,984
- Total expenses
- $1,389,613
- Net increase / (decrease)
- $3,414,682
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $36,749 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,231 | not reported in the loaded dataset | 2023 |