First Federal Savings Bank Of Lincolnton 401(K) Plan — Form 5500 plan (First Federal Savings Bank Of Lincolnton)
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 Of Lincolnton 401(K) Plan is a benefit plan reported by First Federal Savings Bank Of Lincolnton under EIN 56-0499280 and plan number 002. The latest loaded filing year is 2023. The filing reports 48 participants and $8,624,424 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Federal Savings Bank Of Lincolnton
- EIN
- 56-0499280
- Plan number
- 002
- Plan type
- 2
- Location
- Lincolnton, NC
- Latest filing year
- 2023
- Participants
- 48
- End-of-year plan assets
- $8,624,424
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 48 | I | 20240523092632NAL0004998705001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $8,624,424
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,624,424
- Net assets (BOY)
- $8,463,869
Income & contributions
- Employer contributions
- $174,836
- Participant contributions
- $273,912
- Total income / additions
- $1,443,195
Expenses & distributions
- Benefits paid
- $1,281,852
- Administrative expenses
- $788
- Total expenses
- $1,282,640
- Net increase / (decrease)
- $160,555
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.