Fnbc Bank 401 K Plan — Form 5500 plan (Fnbc Bank)

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, Fnbc Bank 401 K Plan is a benefit plan reported by Fnbc Bank under EIN 71-0009635 and plan number 001. The latest loaded filing year is 2023. The filing reports 162 participants and $9,801,469 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9.8MPlan net assets, end of year$9,801,469
Participants162Covered participants reported
Assets / participant$60.5KComputed: assets ÷ participants$60,503 (computed)
Provider compensation$53.8K1 Schedule C provider row(s)$53,828
Plan sponsor
Fnbc Bank
EIN
71-0009635
Plan number
001
Plan type
2
Location
Ash Flat, AR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023162H, C20241015091924NAL0048636624001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$9.8M total assets
Net assets$9.8MLiabilities$0
Money in vs. money out
Total income / additions$2.5M
Total expenses$2.2M
Benefits paid / distributions$2.2M
Contributions
Employer$489K
Participant$724.1K
Full reported line items

Net assets

Total assets (EOY)
$9,801,469
Total liabilities (EOY)
$0
Net assets (EOY)
$9,801,469
Net assets (BOY)
$9,531,838

Income & contributions

Employer contributions
$489,026
Participant contributions
$724,144
Total contributions
$1,255,249
Total income / additions
$2,477,831

Expenses & distributions

Benefits paid
$2,154,372
Administrative expenses
$53,828
Total expenses
$2,208,200
Net increase / (decrease)
$269,631
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 40%Participant 60%
Total expenses ÷ net assets23%Computed ratio
Benefits paid ÷ total income87%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$53,828$02023

Related Form 5500 pages