First Communities Management, Inc. 401(K) Plan — Form 5500 plan (First Communities Management, Inc.)
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 Communities Management, Inc. 401(K) Plan is a benefit plan reported by First Communities Management, Inc. under EIN 58-1851565 and plan number 001. The latest loaded filing year is 2023. The filing reports 816 participants and $16,856,063 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Communities Management, Inc.
- EIN
- 58-1851565
- Plan number
- 001
- Plan type
- 2
- Location
- Atlanta, GA
- Latest filing year
- 2023
- Participants
- 816
- End-of-year plan assets
- $16,856,063
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 816 | H, C | 20240920183352NAL0007899009001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,856,063
- Net assets (EOY)
- $16,856,063
- Net assets (BOY)
- $13,121,354
Income & contributions
- Employer contributions
- $702,312
- Participant contributions
- $1,242,337
- Total contributions
- $2,105,785
- Total income / additions
- $4,557,754
Expenses & distributions
- Benefits paid
- $662,378
- Administrative expenses
- $160,667
- Total expenses
- $823,045
- Net increase / (decrease)
- $3,734,709
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $143,686 | $0 | 2023 |
| Mma Securities LLC | INVESTMENT ADVISORY | $0 | $57,014 | 2023 |
| Pension Financial Services, Inc. | CONTRACT ADMINISTRATOR | $16,981 | $6,902 | 2023 |
| Frazier & Deeter | ACCOUNTANT | $0 | $16,000 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First Communities Management, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Atlanta, GA
- Principal Life Insurance Company — Schedule C compensation
- Mma Securities LLC — Schedule C compensation
- Pension Financial Services, Inc. — Schedule C compensation
- Frazier & Deeter — Schedule C compensation