Firstrust 401(K) And Profit Sharing Plan — Form 5500 plan (Firstrust Savings 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, Firstrust 401(K) And Profit Sharing Plan is a benefit plan reported by Firstrust Savings Bank under EIN 23-0970971 and plan number 001. The latest loaded filing year is 2023. The filing reports 586 participants and $72,691,832 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Firstrust Savings Bank
- EIN
- 23-0970971
- Plan number
- 001
- Plan type
- 2
- Location
- Horsham, PA
- Latest filing year
- 2023
- Participants
- 586
- End-of-year plan assets
- $72,691,832
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 586 | H, C | 20241010141018NAL0011570515001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $72,691,832
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $72,691,832
- Net assets (BOY)
- $60,953,151
Income & contributions
- Employer contributions
- $1,331,424
- Participant contributions
- $4,272,112
- Total contributions
- $5,844,814
- Total income / additions
- $15,676,790
Expenses & distributions
- Benefits paid
- $3,805,535
- Administrative expenses
- $132,574
- Total expenses
- $3,938,109
- Net increase / (decrease)
- $11,738,681
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock | RETAINED BY EMPLOYER | $68,781 | $0 | 2023 |
| Capfinancial Partners, LLC | RETAINED BY EMPLOYER | $31,714 | not reported in the loaded dataset | 2023 |
| Isdaner & Company, LLC | RETAINED BY EMPLOYER | $19,800 | not reported in the loaded dataset | 2023 |