# The Fidelity Bank DB Plan
Source: https://planprovider.pro/companies/the-fidelity-bank-plan-001

> The Fidelity Bank's DB plan: 67 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Fidelity Bank

- **Sponsor EIN:** 560132040

- **Sponsor Address:** PO BOX 8, FUQUAY-VARINA, NC, 27526

- **Plan Type:** DB

- **Total Participants:** 67

- **Total Assets:** $38.3M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|67|$38.3M|$0|$0|

| 2023|70|$39.3M|$0|$0|

| 2022|74|$36.9M|$0|$0|

## 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|

| BLACKROCK INSTITUTIONAL TRUST CO|INVESTMENT MGR|$26,200|—|$26,200|

| FORVIS MAZARS, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FORVIS MAZARS, LLP](https://planprovider.pro/provider/forvis-mazars-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $26,200

- **Estimated Expense Ratio:** 0.068% 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|$26,200|$26,200|—|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

## Similar Plans

- [Lumbee Guaranty Bank](https://planprovider.pro/companies/lumbee-guaranty-bank-401k-plan) — 69 participants

- [Lumbee Guaranty Bank](https://planprovider.pro/companies/lumbee-guaranty-bank-plan-003) — 64 participants

- [Bank Of Oak Ridge](https://planprovider.pro/companies/bank-of-oak-ridge-plan) — 58 participants

- [First Federal Savings Bank Of Lincolnton](https://planprovider.pro/companies/first-federal-savings-bank-of-lincolnton-401k-plan) — 49 participants

- [Lumbee Guaranty Bank](https://planprovider.pro/companies/lumbee-guaranty-bank-plan-001) — 26 participants

- [Southern Bank And Trust Company](https://planprovider.pro/companies/southern-bank-and-trust-company-plan-002) — 132 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/the-fidelity-bank-plan-001)

© 2026 PlanProvider.Pro