First Bank Employees' 401(K) Plan — Form 5500 plan (First 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, First Bank Employees' 401(K) Plan is a benefit plan reported by First Bank under EIN 75-0164917 and plan number 002. The latest loaded filing year is 2023. The filing reports 213 participants and $20,729,500 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Bank
- EIN
- 75-0164917
- Plan number
- 002
- Plan type
- 2
- Location
- Burkburnett, TX
- Latest filing year
- 2023
- Participants
- 213
- End-of-year plan assets
- $20,729,500
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 213 | H, C | 20240731154326NAL0037061344001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,729,500
- Total liabilities (EOY)
- $50,677
- Net assets (EOY)
- $20,678,823
- Net assets (BOY)
- $17,243,950
Income & contributions
- Employer contributions
- $1,110,327
- Participant contributions
- $924,646
- Total contributions
- $2,147,723
- Total income / additions
- $5,332,524
Expenses & distributions
- Benefits paid
- $1,820,830
- Administrative expenses
- $76,821
- Total expenses
- $1,897,651
- Net increase / (decrease)
- $3,434,873
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bokf, Na | TRUSTEE | $76,822 | $0 | 2023 |