Plans » Benchmarking Engine
Benchmarking Town & Country Bank and Trust Company 401k Profit Sharing Plan in Bardstown, KY against
good (7)
neutral (1)
Town & Country Bank and Trust Company 401k Profit Sharing Plan in Bardstown, KY has the 3rd-highest average account balance ($82,965) of the 286 Kentucky plans. That $82,965 compares to an average of $27,169 across those 286 plans.
Beating the average of $27,169 means an extra $6,249,158 in total assets.
Note: average account balance = total assets ÷ total participants
Town & Country Bank and Trust Company 401k Profit Sharing Plan has these standings among those 286 peer plans:
Beating the average of $27,169 means an extra $6,249,158 in total assets.
Note: average account balance = total assets ÷ total participants
Town & Country Bank and Trust Company 401k Profit Sharing Plan has these standings among those 286 peer plans:
- average account balance = $82,965 (3rd-highest)
- total assets = $9,292,113 (18th-most)
- total participants = 112 (24th-fewest, tied)
- average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in state. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Town & Country Bank and Trust Company 401k Profit Sharing Plan in Bardstown, KY is in Kentucky, its EIN is 610188980, its industry group is Depository Credit Intermediation, its plan administrator is Linda Gordon, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, is a single-employer plan, its business code is 522110, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, yield on beginning-of-plan-year total assets, and diversity of asset types (5 total), is better than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (the entire set of 5), and is lower than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- net assets (assets minus liabilities) ($9.30M)
- total assets ($9,292,113)
- total assets at beginning of plan year ($8,279,116)
- value of interest in registered investment companies (e.g., mutual funds) ($6.90M)
- value of interest in common/collective trusts ($2,398,396)
- total income ($1,816,167)
- earnings on investments ($1,170,374)
- net earnings on investments ($1,170,374)
- net income ($1,012,997)
- total expenses ($803,170)
- total contributions ($645,793)
- cash contributions from participants ($364,795)
- cash contributions from employers ($180,637)
- average account balance ($82,965)
- net income per total participant ($9,045)
- average participant cash contribution per active participant ($4,009)
- average employer cash contribution per active participant ($1,985)
- contract administrator fees ($1,050)
- total administrative expenses ($1,050)
- total administrative expense per participant ($9.38)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- participant loans ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (81.2%)
- diversity of asset types (18.0%)
- yield on beginning-of-plan-year total assets (14.14%)
- total administrative expense ratio (0.011%)
- participant loans as a percentage of plan assets (0.00%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (91)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (112)
- other retired or separated participants entitled to future benefits (20)
- retired or separated participants receiving benefits (1)
- total participants (112)
Global References