# The Middlefield Banking Company 401(k) Plan
Source: https://planprovider.pro/companies/the-middlefield-banking-company-401k-plan

> The Middlefield Banking Company's 401(k) plan: 241 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Middlefield Banking Company

- **Sponsor EIN:** 340399850

- **Sponsor Address:** P O BOX 35, MIDDLEFIELD, OH, 44062

- **Plan Type:** 401(k)

- **Total Participants:** 241

- **Total Assets:** $17.7M

## 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|241|$17.7M|$582,151|$1.6M|

| 2023|251|$15.6M|$571,402|$1.5M|

| 2022|238|$12.6M|$455,086|$1.2M|

## 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|

| SR SNODGRASS|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [SR SNODGRASS](https://planprovider.pro/provider/s-r-snodgrass-pc) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $0

### 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|$72,438|$1,868|—|—|—|

| 2023|$79,626|$40,258|—|—|—|

| 2022|$73,952|—|—|—|—|

## Similar Plans

- [Community Bancshares, INC.](https://planprovider.pro/companies/community-bancshares-inc-401k-plan-002) — 246 participants

- [Ohio Valley Banc Corp.](https://planprovider.pro/companies/ohio-valley-banc-corp-401k-plan) — 234 participants

- [Ohio Valley Banc Corp](https://planprovider.pro/companies/ohio-valley-banc-corp-plan-002) — 231 participants

- [Sb Financial Group](https://planprovider.pro/companies/sb-financial-group-plan-002) — 252 participants

- [Heartland Bank](https://planprovider.pro/companies/heartland-bank-401k-plan) — 253 participants

- [Sb Financial Group](https://planprovider.pro/companies/sb-financial-group-401k-plan) — 229 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/the-middlefield-banking-company-401k-plan)

© 2026 PlanProvider.Pro