First American Resources Company, LLC 401(K) Savings Plan — Form 5500 plan (First American Resources Company, LLC)
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 American Resources Company, LLC 401(K) Savings Plan is a benefit plan reported by First American Resources Company, LLC under EIN 58-2594042 and plan number 001. The latest loaded filing year is 2023. The filing reports 136 participants and $7,319,146 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First American Resources Company, LLC
- EIN
- 58-2594042
- Plan number
- 001
- Plan type
- 2
- Location
- Mableton, GA
- Latest filing year
- 2023
- Participants
- 136
- End-of-year plan assets
- $7,319,146
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 136 | H, C | 20241008105112NAL0009565539001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,319,146
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,319,146
- Net assets (BOY)
- $6,365,736
Income & contributions
- Employer contributions
- $197,573
- Participant contributions
- $343,255
- Total contributions
- $544,140
- Total income / additions
- $1,561,816
Expenses & distributions
- Benefits paid
- $561,960
- Administrative expenses
- $46,446
- Total expenses
- $608,406
- Net increase / (decrease)
- $953,410
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $27,189 | $0 | 2023 |
| Bennett Thrasher | AUDIT | $15,750 | not reported in the loaded dataset | 2023 |
| Futureplan By Ascensus | RECORDKEEPER | $3,507 | $21 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First American Resources Company, LLC
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Mableton, GA
- Transamerica Retirement Solutions — Schedule C compensation
- Bennett Thrasher — Schedule C compensation
- Futureplan By Ascensus — Schedule C compensation