First Bank 401(K) Retirement Plan — Form 5500 plan (First Bank)
Plain-English plan 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, First Bank 401(K) Retirement Plan is a benefit plan reported by First Bank under EIN 20-8164471 and plan number 001. The latest loaded filing year is 2023. The filing reports 293 participants and $17,528,006 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Bank
- EIN
- 20-8164471
- Plan number
- 001
- Plan type
- 2
- Location
- Hamilton, NJ
- Latest filing year
- 2023
- Participants
- 293
- End-of-year plan assets
- $17,528,006
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 293 | H, C | 20240902071636NAL0028933648001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,528,006
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,528,006
- Net assets (BOY)
- $13,079,039
Income & contributions
- Employer contributions
- $611,223
- Participant contributions
- $1,889,549
- Total contributions
- $2,867,511
- Total income / additions
- $5,334,799
Expenses & distributions
- Benefits paid
- $855,363
- Administrative expenses
- $30,469
- Total expenses
- $885,832
- Net increase / (decrease)
- $4,448,967
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nwps | N/A | $30,469 | not reported in the loaded dataset | 2023 |