Skyline National Bank 401(k) match, vesting and fees
What Skyline National Bank'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 | Schedule C ↗ |
| Independent auditor | Brown Edwards (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.
| Skyline National Bank: employer contribution per participant | $1,856 | |
| Peer median | $2,868 |
| Skyline National Bank: average balance | $47,727 | |
| Peer median | $95,281 |
| Skyline National Bank: admin expenses ÷ assets | 0.82% | |
| 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 $8.2M at the end of plan year 2021 to $10.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 265 | $10.6M | $412K | $1,856 | 0.82% | Not published | Form 5500 ↗ |
| 2023 | 234 | $9.3M | $396K | $1,867 | 0.82% | Not published | Form 5500 ↗ |
| 2022 | 251 | $7.5M | $379K | $1,668 | 0.81% | Not published | Form 5500 ↗ |
| 2021 | 239 | $8.2M | $378K | $1,624 | 0.84% | Not published | Form 5500 ↗ |
Other Skyline National Bank plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Sba Master Defined Benefit Plan for Skyline National Bank
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 | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Skyline National Bank match 401(k) contributions?
The match terms for the Sba Defined Contribution Plan for Skyline National Bank have not been published from its filing yet. The plan year 2024 filing reports $412K in employer contributions, about $1,856 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Skyline National Bank 401(k) match vested?
The vesting schedule for the Sba Defined Contribution Plan for Skyline National Bank is not in the data published so far. Your Summary Plan Description states it.
Who manages the Skyline National Bank 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Skyline National Bank.
I left Skyline National Bank. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Skyline National Bank, (276) 773-2811) or the recordkeeper, Voya Retirement Insurance & Annuity. The Skyline National Bank old 401(k) page lists the contacts from every plan filing. Find an old Skyline National Bank 401(k)
Data from the public Form 5500 annual reports Skyline National Bank 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 Skyline National Bank. Not financial advice. Report a correction · Methodology