First Bank Corp Employee Stock Ownership Plan — Form 5500 plan (First Bank Corp)
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 Bank Corp Employee Stock Ownership Plan is a benefit plan reported by First Bank Corp under EIN 71-0682703 and plan number 003. The latest loaded filing year is 2023. The filing reports 547 participants and $29,335,788 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Bank Corp
- EIN
- 71-0682703
- Plan number
- 003
- Plan type
- 2
- Location
- Fort Smith, AR
- Latest filing year
- 2023
- Participants
- 547
- End-of-year plan assets
- $29,335,788
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 547 | H, C | 20241015183151NAL0015255859001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,335,788
- Total liabilities (EOY)
- $1,567,145
- Net assets (EOY)
- $27,768,643
- Net assets (BOY)
- $28,116,008
Income & contributions
- Employer contributions
- $1,196,862
- Total contributions
- $1,196,862
- Total income / additions
- $5,344,147
Expenses & distributions
- Benefits paid
- $2,858,624
- Administrative expenses
- $45,017
- Total expenses
- $2,903,641
- Net increase / (decrease)
- $2,440,506
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hogantaylor Llp | NONE | $39,375 | not reported in the loaded dataset | 2023 |
| Friday Eldredge & Clark | NONE | $5,554 | not reported in the loaded dataset | 2023 |