Firstbanc Of Alabama Incorporated 401(K) Plan — Form 5500 plan (Firstbanc Of Alabama, Incorporated)
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, Firstbanc Of Alabama Incorporated 401(K) Plan is a benefit plan reported by Firstbanc Of Alabama, Incorporated under EIN 63-0907209 and plan number 002. The latest loaded filing year is 2023. The filing reports 147 participants and $9,751,921 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Firstbanc Of Alabama, Incorporated
- EIN
- 63-0907209
- Plan number
- 002
- Plan type
- 2
- Location
- Talladega, AL
- Latest filing year
- 2023
- Participants
- 147
- End-of-year plan assets
- $9,751,921
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 147 | H, C | 20240826150322NAL0009632225001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,751,921
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,751,921
- Net assets (BOY)
- $8,667,937
Income & contributions
- Employer contributions
- $280,016
- Participant contributions
- $451,220
- Total contributions
- $767,789
- Total income / additions
- $1,682,148
Expenses & distributions
- Benefits paid
- $550,829
- Administrative expenses
- $47,335
- Total expenses
- $598,164
- Net increase / (decrease)
- $1,083,984
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $22,066 | $0 | 2023 |
| Fnbb Capital Markets LLC | INVESTMENT ADVISOR | $21,340 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,027 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Firstbanc Of Alabama, Incorporated
- 2023 Form 5500 filing
- Form 5500 filings in AL
- 401(k) and benefit plan filings in Talladega, AL
- Empower Annuity Ins Co Of America — Schedule C compensation
- Fnbb Capital Markets LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation