Farmers National Bank 401(K) Retirement Savings Plan — Form 5500 plan (Farmers National Bank Of Canfield)
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) Retirement Savings Plan is a benefit plan reported by Farmers National Bank Of Canfield under EIN 34-0214400 and plan number 002. The latest loaded filing year is 2023. The filing reports 561 participants and $59,793,262 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Farmers National Bank Of Canfield
- EIN
- 34-0214400
- Plan number
- 002
- Plan type
- 2
- Location
- Canfield, OH
- Latest filing year
- 2023
- Participants
- 561
- End-of-year plan assets
- $59,793,262
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 561 | H, C | 20240717121615NAL0004350545002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $59,793,262
- Net assets (EOY)
- $59,793,262
- Net assets (BOY)
- $50,689,791
Income & contributions
- Employer contributions
- $1,042,508
- Participant contributions
- $3,121,504
- Total contributions
- $6,322,951
- Total income / additions
- $14,313,748
Expenses & distributions
- Benefits paid
- $5,033,004
- Administrative expenses
- $89,306
- Total expenses
- $5,210,277
- Net increase / (decrease)
- $9,103,471
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $65,161 | not reported in the loaded dataset | 2023 |
| National Associates Inc | CONTRACT ADMIN | $27,008 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group | INVESTMENT MGMT | $8,409 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Farmers National Bank Of Canfield
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Canfield, OH
- Empower Annuity Insurance Company — Schedule C compensation
- National Associates Inc — Schedule C compensation
- Empower Advisory Group — Schedule C compensation