Plan Snapshot
- Plan Sponsor: Acnb Bank
- Sponsor EIN: 230581360
- Sponsor Address: PO BOX 3129, GETTYSBURG, PA, 173250129
- Plan Type: 401(k)
- Total Participants: 352
- Total Assets: $38.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 352 | $38.2M | $977,858 | $2.1M |
| 2023 | 312 | $34.9M | $920,286 | $2.0M |
| 2022 | 314 | $30.6M | $855,164 | $1.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $32,991 | — | $32,991 |
| ALDEN CAPITAL | INVESTMENT ADVISORY | — | $27,945 | $27,945 |
| SMITH ELLIOTT KEARNS & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH ELLIOTT KEARNS & COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,936
- Estimated Expense Ratio: 0.160% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $32,991 | — | $32,991 | — | — |
| 2023 | $15,004 | $6,323 | $8,681 | — | — |
| 2022 | $21,790 | — | $21,790 | — | — |