First Federal Savings Bank Salary Savings 401(K) 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 Salary Savings 401(K) Plan is a benefit plan reported by First Federal Savings Bank under EIN 36-1077600 and plan number 002. The latest loaded filing year is 2023. The filing reports 131 participants and $13,608,531 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Federal Savings Bank
- EIN
- 36-1077600
- Plan number
- 002
- Plan type
- 2
- Location
- Ottawa, IL
- Latest filing year
- 2023
- Participants
- 131
- End-of-year plan assets
- $13,608,531
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 131 | H, C | 20240809131436NAL0006417713001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,608,531
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,608,531
- Net assets (BOY)
- $13,857,732
Income & contributions
- Employer contributions
- $285,380
- Participant contributions
- $422,114
- Total contributions
- $707,494
- Total income / additions
- $2,408,447
Expenses & distributions
- Benefits paid
- $2,593,645
- Administrative expenses
- $64,003
- Total expenses
- $2,657,648
- Net increase / (decrease)
- -$249,201
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Spectrum Investment Advisors Inc | INVESTMENT ADVISOR | $35,514 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $23,163 | $0 | 2023 |
| Larson Allen Llp | AUDITOR | $4,225 | 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 IL
- 401(k) and benefit plan filings in Ottawa, IL
- Spectrum Investment Advisors Inc — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Larson Allen Llp — Schedule C compensation