2023 Form 5500 filing — First National Bank Of America Retirement Plan
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 20241009153458NAL0010790595001) for First National Bank Of America Retirement Plan, reported by First National Bank Of America under EIN 38-1470765 and plan number 001. It reports 654 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009153458NAL0010790595001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First National Bank Of America
- EIN
- 38-1470765
- Plan number
- 001
- Location
- East Lansing, MI
- Participants
- 654
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $46,956,659
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $46,956,659
- Employer contributions
- $2,239,786
- Participant contributions
- $2,038,307
- Total income / additions
- $11,608,801
- Benefits paid
- $5,271,238
- Administrative expenses
- $91,177
- Total expenses
- $5,362,415
- Net increase / (decrease)
- $6,246,386
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $70,945 | $0 |
| Churchill Partnership | SERVICE PROVIDER | $0 | $32,888 |
| Tri-Star Trust Bank | OTHER FEES | $12,868 | $0 |
| Morningstar Investment Management | SERVICE PROVIDER | $7,365 | $0 |