First National Bank Of America Retirement Plan — Form 5500 plan (First National Bank Of America)
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 National Bank Of America Retirement Plan is a benefit plan reported by First National Bank Of America under EIN 38-1470765 and plan number 001. The latest loaded filing year is 2023. The filing reports 654 participants and $46,956,659 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First National Bank Of America
- EIN
- 38-1470765
- Plan number
- 001
- Plan type
- 2
- Location
- East Lansing, MI
- Latest filing year
- 2023
- Participants
- 654
- End-of-year plan assets
- $46,956,659
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 654 | H, C | 20241009153458NAL0010790595001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $46,956,659
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $46,956,659
- Net assets (BOY)
- $40,710,273
Income & contributions
- Employer contributions
- $2,239,786
- Participant contributions
- $2,038,307
- Total contributions
- $4,940,088
- Total income / additions
- $11,608,801
Expenses & distributions
- Benefits paid
- $5,271,238
- Administrative expenses
- $91,177
- Total expenses
- $5,362,415
- Net increase / (decrease)
- $6,246,386
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $70,945 | $0 | 2023 |
| Churchill Partnership | SERVICE PROVIDER | $0 | $32,888 | 2023 |
| Tri-Star Trust Bank | OTHER FEES | $12,868 | $0 | 2023 |
| Morningstar Investment Management | SERVICE PROVIDER | $7,365 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First National Bank Of America
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in East Lansing, MI
- Voya Retirement Insurance & Annuity — Schedule C compensation
- Churchill Partnership — Schedule C compensation
- Tri-Star Trust Bank — Schedule C compensation
- Morningstar Investment Management — Schedule C compensation