First Federal Savings Bank Defined Benefit Plan — Form 5500 plan (First Federal 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, First Federal Savings Bank Defined Benefit Plan is a benefit plan reported by First Federal Savings Bank under EIN 35-1116773 and plan number 001. The latest loaded filing year is 2023. The filing reports 123 participants and $1,738,485 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Federal Savings Bank
- EIN
- 35-1116773
- Plan number
- 001
- Plan type
- 2
- Location
- Rochester, IN
- Latest filing year
- 2023
- Participants
- 123
- End-of-year plan assets
- $1,738,485
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 123 | H, C | 20240911131443NAL0008526129001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,738,485
- Total liabilities (EOY)
- $21,828
- Net assets (EOY)
- $1,716,657
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $221,814
- Total contributions
- $221,814
- Total income / additions
- $814,026
Expenses & distributions
- Benefits paid
- $15,078,038
- Administrative expenses
- $218,524
- Total expenses
- $15,296,562
- Net increase / (decrease)
- -$14,482,536
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Charles Schwab Trust Bank | NONE | $82,670 | not reported in the loaded dataset | 2023 |
| Jlm Actuarial, LLC | NONE | $60,358 | not reported in the loaded dataset | 2023 |
| Odingard Capital Management | NONE | $45,126 | not reported in the loaded dataset | 2023 |
| Morris, Manning & Marti, Llp | NONE | $8,542 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First Federal Savings Bank
- 2023 Form 5500 filing
- Form 5500 filings in IN
- 401(k) and benefit plan filings in Rochester, IN
- Charles Schwab Trust Bank — Schedule C compensation
- Jlm Actuarial, LLC — Schedule C compensation
- Odingard Capital Management — Schedule C compensation
- Morris, Manning & Marti, Llp — Schedule C compensation