Department of Labor filing

ARMSTRONG BANK

ARMSTRONG BANK 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 2, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

40filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$3,283

Reported employer contributions per active participant.

Higher than about 50% of comparable plans

#People in the filing

418

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$330 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 17% of comparable plans

↗Investment performance

Not available

Plan assets changed 4.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202440out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions50th percentileTypical peer $3,279 · based on 1,427 comparable plans

Lower reported administrative expense17th percentileTypical peer $184 · based on 1,443 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, ARMSTRONG BANK reported $1,372,294 in employer contributions across the plan and 418 active participants. That works out to $3,283 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy80%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 45.6%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 48.2%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context40/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,372,294
Participant contributions: $2,155,008
Other contributions: $291,822
Employer share of reported contributions: 38.9%
Beginning assets: $46,306,547
Ending assets: $48,521,044
Ending net assets: $48,521,044
Ending liabilities: $0
Total income: $9,382,538
Total expenses: $7,168,041
Administrative expenses: $195,103
Participant loans: Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$6,037

2023

$3,249

2024

$3,283

Plan-paid administrative expenses per participant

2022

$222

2023

$253

2024

$330

Active participants

2022

424

2023

407

2024

418

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,283	418	48.5M	20251002131006NAL0000795712001
2023	$3,249	407	46.3M	20241008113515NAL0016536849001
2022	$6,037	424	42.5M	20231006130924NAL0046579362001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: Not stated in the filing
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 730496410-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1991
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D3H

Current plan terms

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Filing ACK_ID20251002131006NAL0000795712001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗