2023 Form 5500 filing — Firstbank 401(K) Savings Plan & Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240623115910NAL0010444306001) for Firstbank 401(K) Savings Plan & Trust, reported by Fb Financial Corporation under EIN 62-1216058 and plan number 001. It reports 2,040 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240623115910NAL0010444306001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Fb Financial Corporation
- EIN
- 62-1216058
- Plan number
- 001
- Location
- Nashville, TN
- Participants
- 2,040
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $99,501,413
- Net assets (EOY)
- $99,501,413
- Employer contributions
- $3,415,452
- Participant contributions
- $9,226,060
- Total income / additions
- $29,671,782
- Benefits paid
- $16,613,065
- Administrative expenses
- $269,986
- Total expenses
- $16,883,051
- Net increase / (decrease)
- $12,788,731
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $159,153 | $0 |
| Cambridge Investment Research Advis | INVESTMENT ADVISOR | $44,730 | not reported in the loaded dataset |
| Access Retirement | INVESTMENT ADVISOR | $26,611 | not reported in the loaded dataset |
| Horne, Llp | ACCOUNTANT | $22,992 | not reported in the loaded dataset |
| State Street Bank And Trust | TRUSTEE | $10,000 | not reported in the loaded dataset |
| Elliott Davis, LLC/Pllc | AUDITOR | $6,500 | not reported in the loaded dataset |
| National Financial Services | SECURITIES BROKER | $0 | $0 |