Bank of Clarke 401(k) match, vesting and fees
What Bank of Clarke's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Voya Retirement Insurance & Annuity | 2024 Schedule C ↗ |
| Independent auditor | Yount, Hyde & Barbour (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2024 filing, the latest that names one. The other rows are from the plan year 2025 filing.
How the plan compares
Plan year 2025 medians for 1,478 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Bank of Clarke: employer contribution per participant | $7,413 | |
| Peer median | $3,122 |
| Bank of Clarke: average balance | $130,033 | |
| Peer median | $111,687 |
| Bank of Clarke: admin expenses ÷ assets | 0.63% | |
| Peer median | 0.20% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $32.1M at the end of plan year 2021 to $39.7M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 305 | $39.7M | $2.3M | $7,413 | 0.63% | Not published | Form 5500 ↗ |
| 2024 | 416 | $33.4M | $2.5M | $6,011 | 0.64% | Not published | Form 5500 ↗ |
| 2023 | 420 | $30.2M | $2.7M | $6,387 | 0.46% | Not published | Form 5500 ↗ |
| 2022 | 381 | $27.3M | $1.6M | $4,440 | 0.53% | Not published | Form 5500 ↗ |
| 2021 | 350 | $32.1M | $1.3M | $4,179 | 0.43% | Not published | Form 5500 ↗ |
Other Bank of Clarke plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Bank of Clarke County Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Retirement · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Bank of Clarke match 401(k) contributions?
The match terms for the Sba Defined Contribution Plan for Bank of Clarke have not been published from its filing yet. The plan year 2025 filing reports $2.3M in employer contributions, about $7,413 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Bank of Clarke 401(k) match vested?
The vesting schedule for the Sba Defined Contribution Plan for Bank of Clarke is not in the data published so far. Your Summary Plan Description states it.
Who manages the Bank of Clarke 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Bank of Clarke.
I left Bank of Clarke. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Bank of Clarke, (540) 955-2510) or the recordkeeper, Voya Retirement Insurance & Annuity. The Bank of Clarke old 401(k) page lists the contacts from every plan filing. Find an old Bank of Clarke 401(k)
Data from the public Form 5500 annual reports Bank of Clarke filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Bank of Clarke. Not financial advice. Report a correction · Methodology