401k Plan data: FARMERS NATIONAL BANK RETIREMENT PLAN plan

FARMERS NATIONAL BANK RETIREMENT PLAN 401k Plan overview

Plan Name	FARMERS NATIONAL BANK RETIREMENT PLAN
Plan identification number	001

FARMERS NATIONAL BANK RETIREMENT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FARMERS NATIONAL BANK has sponsored the creation of one or more 401k plans.

Company Name: FARMERS NATIONAL BANK

Employer identification number (EIN): 610189297

NAIC Classification: 522120
NAIC Description: Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FARMERS NATIONAL BANK RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 GEORGE B. SPRAGENS 2023-09-20
001 2021-01-01 GEORGE B. SPRAGENS 2022-08-18
001 2020-01-01 GEORGE B. SPRAGENS 2021-10-12
001 2019-01-01 GEORGE B. SPRAGENS 2020-06-22
001 2018-01-01 GEORGE B. SPRAGENS 2019-07-12
001 2017-01-01 GEORGE B. SPRAGENS 2018-08-02
001 2016-01-01 GEORGE B. SPRAGENS 2017-07-21
001 2015-01-01 GEORGE B. SPRAGENS 2016-07-18
001 2014-01-01 GEORGE B. SPRAGENS 2015-06-22
001 2013-01-01 GEORGE B. SPRAGENS 2014-07-21
001 2012-01-01 GEORGE B. SPRAGENS 2013-07-01
001 2011-01-01 GEORGE B. SPRAGENS 2012-07-05
001 2010-01-01 GEORGE B. SPRAGENS 2011-07-01
001 2006-01-01 GEORGE SPRAGENS 2010-03-18

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	GEORGE B. SPRAGENS	2023-09-20
001	2021-01-01	GEORGE B. SPRAGENS	2022-08-18
001	2020-01-01	GEORGE B. SPRAGENS	2021-10-12
001	2019-01-01	GEORGE B. SPRAGENS	2020-06-22
001	2018-01-01	GEORGE B. SPRAGENS	2019-07-12
001	2017-01-01	GEORGE B. SPRAGENS	2018-08-02
001	2016-01-01	GEORGE B. SPRAGENS	2017-07-21
001	2015-01-01	GEORGE B. SPRAGENS	2016-07-18
001	2014-01-01	GEORGE B. SPRAGENS	2015-06-22
001	2013-01-01	GEORGE B. SPRAGENS	2014-07-21
001	2012-01-01	GEORGE B. SPRAGENS	2013-07-01
001	2011-01-01	GEORGE B. SPRAGENS	2012-07-05
001	2010-01-01	GEORGE B. SPRAGENS	2011-07-01
001	2006-01-01			GEORGE SPRAGENS	2010-03-18

Plan Statistics for FARMERS NATIONAL BANK RETIREMENT PLAN

401k plan membership statisitcs for FARMERS NATIONAL BANK RETIREMENT PLAN

Measure Date Value
2022: FARMERS NATIONAL BANK RETIREMENT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 2,708,574
Acturial value of plan assets 2022-12-31 2,633,593
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 207,089
Number of terminated vested participants 2022-12-31 0
Fundng target for terminated vested participants 2022-12-31 0
Active participant vested funding target 2022-12-31 791,305
Number of active participants 2022-12-31 25
Total funding liabilities for active participants 2022-12-31 801,031
Total participant count 2022-12-31 26
Total funding target for all participants 2022-12-31 1,008,120
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 1,319,247
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 1,319,247
Present value of excess contributions 2022-12-31 92,562
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 97,977
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 1,407,900
Total employer contributions 2022-12-31 108,000
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 104,462
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 82,423
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 104,462
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: FARMERS NATIONAL BANK RETIREMENT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 2,460,026
Acturial value of plan assets 2021-12-31 2,324,219
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 207,344
Number of terminated vested participants 2021-12-31 0
Fundng target for terminated vested participants 2021-12-31 0
Active participant vested funding target 2021-12-31 641,893
Number of active participants 2021-12-31 28
Total funding liabilities for active participants 2021-12-31 649,742
Total participant count 2021-12-31 29
Total funding target for all participants 2021-12-31 857,086
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 1,183,500
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 1,183,500
Present value of excess contributions 2021-12-31 104,420
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 110,341
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 1,319,247
Total employer contributions 2021-12-31 96,000
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 92,562
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 71,604
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 92,562
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: FARMERS NATIONAL BANK RETIREMENT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 2,126,501
Acturial value of plan assets 2020-12-31 2,112,409
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 290,530
Number of terminated vested participants 2020-12-31 0
Fundng target for terminated vested participants 2020-12-31 0
Active participant vested funding target 2020-12-31 572,900
Number of active participants 2020-12-31 27
Total funding liabilities for active participants 2020-12-31 580,368
Total participant count 2020-12-31 28
Total funding target for all participants 2020-12-31 870,898
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 1,140,000
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 1,140,000
Present value of excess contributions 2020-12-31 104,358
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 110,400
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 87,714
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 1,183,500
Total employer contributions 2020-12-31 108,000
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 104,420
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 57,816
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 104,420
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: FARMERS NATIONAL BANK RETIREMENT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 2,070,626
Acturial value of plan assets 2019-12-31 2,183,735
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 291,844
Number of terminated vested participants 2019-12-31 1
Fundng target for terminated vested participants 2019-12-31 207,305
Active participant vested funding target 2019-12-31 487,391
Number of active participants 2019-12-31 25
Total funding liabilities for active participants 2019-12-31 493,069
Total participant count 2019-12-31 27
Total funding target for all participants 2019-12-31 992,218
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 1,200,000
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 1,200,000
Present value of excess contributions 2019-12-31 95,798
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 101,460
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 8,760
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 1,140,000
Total employer contributions 2019-12-31 108,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 104,358
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 48,977
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 0
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 104,358
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: FARMERS NATIONAL BANK RETIREMENT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 2,467,893
Acturial value of plan assets 2018-12-31 2,424,451
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 292,589
Number of terminated vested participants 2018-12-31 0
Fundng target for terminated vested participants 2018-12-31 0
Active participant vested funding target 2018-12-31 852,922
Number of active participants 2018-12-31 29
Total funding liabilities for active participants 2018-12-31 856,652
Total participant count 2018-12-31 30
Total funding target for all participants 2018-12-31 1,149,241
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 1,230,000
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 1,230,000
Present value of excess contributions 2018-12-31 104,241
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 110,600
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 141,069
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 1,200,000
Total employer contributions 2018-12-31 99,000
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 95,798
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 68,531
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 95,798
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: FARMERS NATIONAL BANK RETIREMENT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 2,181,931
Acturial value of plan assets 2017-12-31 2,265,047
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 285,178
Number of terminated vested participants 2017-12-31 0
Fundng target for terminated vested participants 2017-12-31 0
Active participant vested funding target 2017-12-31 696,048
Number of active participants 2017-12-31 25
Total funding liabilities for active participants 2017-12-31 696,943
Total participant count 2017-12-31 26
Total funding target for all participants 2017-12-31 982,121
Balance at beginning of prior year after applicable adjustments 2017-12-31 19,037
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 1,204,990
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 19,037
Amount remaining of prefunding balance 2017-12-31 1,204,990
Present value of excess contributions 2017-12-31 92,503
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 98,321
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 19,791
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 22,708
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 1,230,000
Total employer contributions 2017-12-31 108,000
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 104,241
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 44,983
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 104,241
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: FARMERS NATIONAL BANK RETIREMENT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 2,042,116
Acturial value of plan assets 2016-12-31 2,168,389
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 279,662
Number of terminated vested participants 2016-12-31 1
Fundng target for terminated vested participants 2016-12-31 16,201
Active participant vested funding target 2016-12-31 588,374
Number of active participants 2016-12-31 28
Total funding liabilities for active participants 2016-12-31 594,367
Total participant count 2016-12-31 30
Total funding target for all participants 2016-12-31 890,230
Balance at beginning of prior year after applicable adjustments 2016-12-31 62,321
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 1,215,811
Amount remaining of carryover balance 2016-12-31 62,321
Amount remaining of prefunding balance 2016-12-31 1,215,811
Present value of excess contributions 2016-12-31 59,369
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 63,204
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 42,729
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 19,037
Balance of prefunding at beginning of current year 2016-12-31 1,204,990
Total employer contributions 2016-12-31 96,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 92,503
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 54,132
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 92,503
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
2006: FARMERS NATIONAL BANK RETIREMENT PLAN 2006 401k membership
Total participants, beginning-of-year 2006-01-01 23
Total number of active participants reported on line 7a of the Form 5500 2006-01-01 22
Number of retired or separated participants receiving benefits 2006-01-01 0
Number of other retired or separated participants entitled to future benefits 2006-01-01 1
Total of all active and inactive participants 2006-01-01 23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2006-01-01 1
Total participants 2006-01-01 24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2006-01-01 1

Measure	Date	Value
2022: FARMERS NATIONAL BANK RETIREMENT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	2,708,574
Acturial value of plan assets	2022-12-31	2,633,593
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	207,089
Number of terminated vested participants	2022-12-31	0
Fundng target for terminated vested participants	2022-12-31	0
Active participant vested funding target	2022-12-31	791,305
Number of active participants	2022-12-31	25
Total funding liabilities for active participants	2022-12-31	801,031
Total participant count	2022-12-31	26
Total funding target for all participants	2022-12-31	1,008,120
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	1,319,247
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	1,319,247
Present value of excess contributions	2022-12-31	92,562
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	97,977
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	1,407,900
Total employer contributions	2022-12-31	108,000
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	104,462
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	82,423
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	104,462
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: FARMERS NATIONAL BANK RETIREMENT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	2,460,026
Acturial value of plan assets	2021-12-31	2,324,219
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	207,344
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	641,893
Number of active participants	2021-12-31	28
Total funding liabilities for active participants	2021-12-31	649,742
Total participant count	2021-12-31	29
Total funding target for all participants	2021-12-31	857,086
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	1,183,500
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	1,183,500
Present value of excess contributions	2021-12-31	104,420
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	110,341
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	1,319,247
Total employer contributions	2021-12-31	96,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	92,562
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	71,604
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	92,562
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: FARMERS NATIONAL BANK RETIREMENT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	2,126,501
Acturial value of plan assets	2020-12-31	2,112,409
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	290,530
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	572,900
Number of active participants	2020-12-31	27
Total funding liabilities for active participants	2020-12-31	580,368
Total participant count	2020-12-31	28
Total funding target for all participants	2020-12-31	870,898
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	1,140,000
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	1,140,000
Present value of excess contributions	2020-12-31	104,358
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	110,400
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	87,714
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	1,183,500
Total employer contributions	2020-12-31	108,000
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	104,420
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	57,816
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	104,420
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: FARMERS NATIONAL BANK RETIREMENT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	2,070,626
Acturial value of plan assets	2019-12-31	2,183,735
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	291,844
Number of terminated vested participants	2019-12-31	1
Fundng target for terminated vested participants	2019-12-31	207,305
Active participant vested funding target	2019-12-31	487,391
Number of active participants	2019-12-31	25
Total funding liabilities for active participants	2019-12-31	493,069
Total participant count	2019-12-31	27
Total funding target for all participants	2019-12-31	992,218
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	1,200,000
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	1,200,000
Present value of excess contributions	2019-12-31	95,798
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	101,460
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	8,760
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	1,140,000
Total employer contributions	2019-12-31	108,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	104,358
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	48,977
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	0
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	104,358
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: FARMERS NATIONAL BANK RETIREMENT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	2,467,893
Acturial value of plan assets	2018-12-31	2,424,451
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	292,589
Number of terminated vested participants	2018-12-31	0
Fundng target for terminated vested participants	2018-12-31	0
Active participant vested funding target	2018-12-31	852,922
Number of active participants	2018-12-31	29
Total funding liabilities for active participants	2018-12-31	856,652
Total participant count	2018-12-31	30
Total funding target for all participants	2018-12-31	1,149,241
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	1,230,000
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	1,230,000
Present value of excess contributions	2018-12-31	104,241
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	110,600
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	141,069
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	1,200,000
Total employer contributions	2018-12-31	99,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	95,798
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	68,531
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	95,798
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: FARMERS NATIONAL BANK RETIREMENT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	2,181,931
Acturial value of plan assets	2017-12-31	2,265,047
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	285,178
Number of terminated vested participants	2017-12-31	0
Fundng target for terminated vested participants	2017-12-31	0
Active participant vested funding target	2017-12-31	696,048
Number of active participants	2017-12-31	25
Total funding liabilities for active participants	2017-12-31	696,943
Total participant count	2017-12-31	26
Total funding target for all participants	2017-12-31	982,121
Balance at beginning of prior year after applicable adjustments	2017-12-31	19,037
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	1,204,990
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	19,037
Amount remaining of prefunding balance	2017-12-31	1,204,990
Present value of excess contributions	2017-12-31	92,503
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	98,321
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	19,791
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	22,708
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	1,230,000
Total employer contributions	2017-12-31	108,000
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	104,241
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	44,983
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	104,241
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: FARMERS NATIONAL BANK RETIREMENT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	2,042,116
Acturial value of plan assets	2016-12-31	2,168,389
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	279,662
Number of terminated vested participants	2016-12-31	1
Fundng target for terminated vested participants	2016-12-31	16,201
Active participant vested funding target	2016-12-31	588,374
Number of active participants	2016-12-31	28
Total funding liabilities for active participants	2016-12-31	594,367
Total participant count	2016-12-31	30
Total funding target for all participants	2016-12-31	890,230
Balance at beginning of prior year after applicable adjustments	2016-12-31	62,321
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	1,215,811
Amount remaining of carryover balance	2016-12-31	62,321
Amount remaining of prefunding balance	2016-12-31	1,215,811
Present value of excess contributions	2016-12-31	59,369
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	63,204
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	42,729
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	19,037
Balance of prefunding at beginning of current year	2016-12-31	1,204,990
Total employer contributions	2016-12-31	96,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	92,503
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	54,132
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	92,503
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
2006: FARMERS NATIONAL BANK RETIREMENT PLAN 2006 401k membership
Total participants, beginning-of-year	2006-01-01	23
Total number of active participants reported on line 7a of the Form 5500	2006-01-01	22
Number of retired or separated participants receiving benefits	2006-01-01	0
Number of other retired or separated participants entitled to future benefits	2006-01-01	1
Total of all active and inactive participants	2006-01-01	23
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2006-01-01	1
Total participants	2006-01-01	24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2006-01-01	1

Form 5500 Responses for FARMERS NATIONAL BANK RETIREMENT PLAN

2006: FARMERS NATIONAL BANK RETIREMENT PLAN 2006 form 5500 responses
2006-01-01	Type of plan entity	Single employer plan
2006-01-01	Submission has been amended	No
2006-01-01	This submission is the final filing	No
2006-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2006-01-01	Plan is a collectively bargained plan	No
2006-01-01	Plan funding arrangement – Insurance	Yes
2006-01-01	Plan funding arrangement – Trust	Yes
2006-01-01	Plan benefit arrangement – Insurance	Yes
2006-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FARMERS NATIONAL BANK
Employer identification number (EIN):	610189297
NAIC Classification:	522120
NAIC Description:	Savings Institutions