Phelps County Bancshares 401(k) match, vesting and fees
What Phelps County Bancshares' 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 | Forvis Mazars, LLP | Schedule C ↗ |
| Independent auditor | Kpm Cpas PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Phelps County Bancshares: employer contribution per participant | $8,960 | |
| Peer median | $2,868 |
| Phelps County Bancshares: average balance | $388,119 | |
| Peer median | $95,281 |
| Phelps County Bancshares: admin expenses ÷ assets | 0.22% | |
| Peer median | 0.22% |
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 $40M at the end of plan year 2021 to $48.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 136 | $48.5M | $1.1M | $8,960 | 0.22% | Not published | Form 5500 ↗ |
| 2023 | 118 | $44.4M | $1.1M | $9,813 | 0.28% | Not published | Form 5500 ↗ |
| 2022 | 114 | $38M | $900K | $8,333 | 0.33% | Not published | Form 5500 ↗ |
| 2021 | 114 | $40M | $1M | $9,259 | 0.28% | Not published | Form 5500 ↗ |
Common questions
Does Phelps County Bancshares match 401(k) contributions?
The match terms for the Phelps County Bank Employee Stock Ownership Plan have not been published from its filing yet. The plan year 2024 filing reports $1.1M in employer contributions, about $8,960 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Phelps County Bancshares 401(k) match vested?
The vesting schedule for the Phelps County Bank Employee Stock Ownership Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Phelps County Bancshares 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Forvis Mazars, LLP. The plan administrator is Phelps County Bancshares, Inc..
I left Phelps County Bancshares. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Phelps County Bancshares, Inc., (573) 364-5202) or the recordkeeper, Forvis Mazars, LLP. The Phelps County Bancshares old 401(k) page lists the contacts from every plan filing. Find an old Phelps County Bancshares 401(k)
Data from the public Form 5500 annual reports Phelps County Bancshares filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 Phelps County Bancshares. Not financial advice. Report a correction · Methodology