Plan Snapshot
- Plan Sponsor: Cnb Bank
- Sponsor EIN: 250422340
- Sponsor Address: P.O. BOX 42, CLEARFIELD, PA, 16830
- Plan Type: 401(k)
- Total Participants: 789
- Total Assets: $96.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 789 | $96.9M | $4.4M | $4.4M |
| 2023 | 782 | $80.8M | $5.4M | $4.4M |
| 2022 | 737 | $67.2M | $4.2M | $3.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $24,272 | — | $24,272 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $14,254 | — | $14,254 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,526
- Estimated Expense Ratio: 0.040% 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 | $38,526 | $14,254 | — | — | — |
| 2023 | $20,439 | $12,455 | — | — | — |
| 2022 | $49,509 | $10,342 | — | — | — |