The First Northern Bank & Trust 401(K) Plan — Form 5500 plan (First Northern Bank & Trust Co.)
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, The First Northern Bank & Trust 401(K) Plan is a benefit plan reported by First Northern Bank & Trust Co. under EIN 24-0579220 and plan number 001. The latest loaded filing year is 2023. The filing reports 171 participants and $20,241,765 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Northern Bank & Trust Co.
- EIN
- 24-0579220
- Plan number
- 001
- Plan type
- 2
- Location
- Palmerton, PA
- Latest filing year
- 2023
- Participants
- 171
- End-of-year plan assets
- $20,241,765
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 171 | H, C | 20241014064654NAL0043723408001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,241,765
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,241,765
- Net assets (BOY)
- $18,911,927
Income & contributions
- Employer contributions
- $179,311
- Participant contributions
- $435,977
- Total contributions
- $642,430
- Total income / additions
- $4,119,550
Expenses & distributions
- Benefits paid
- $2,726,449
- Administrative expenses
- $63,263
- Total expenses
- $2,789,712
- Net increase / (decrease)
- $1,329,838
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $36,091 | $875 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $23,490 | $0 | 2023 |
| Dunbar Bender & Zapf Inc | CONTRACT ADMINISTRATOR | $3,681 | $6,869 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First Northern Bank & Trust Co.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Palmerton, PA
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation
- Dunbar Bender & Zapf Inc — Schedule C compensation