Plan Snapshot
- Plan Sponsor: Farmers National Bank
- Sponsor EIN: 361060090
- Sponsor Address: PO BOX 157, 114 W. THIRD STREET, PROPHETSTOWN, IL, 61277
- Plan Type: 401(k)
- Total Participants: 55
- Total Assets: $20.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 55 | $20.4M | $155,683 | $387,576 |
| 2023 | 52 | $18.5M | $413,471 | $407,669 |
| 2022 | 53 | $16.2M | $373,793 | $363,306 |