First Federal Savings Bank 401(K) Profit Sharing Plan — Form 5500 plan (First Federal Savings 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 Federal Savings Bank 401(K) Profit Sharing Plan is a benefit plan reported by First Federal Savings Bank under EIN 82-0172244 and plan number 001. The latest loaded filing year is 2023. The filing reports 364 participants and $34,133,710 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Federal Savings Bank
- EIN
- 82-0172244
- Plan number
- 001
- Plan type
- 2
- Location
- Twin Falls, ID
- Latest filing year
- 2023
- Participants
- 364
- End-of-year plan assets
- $34,133,710
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 364 | H, C | 20240729160531NAL0011217555001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $34,133,710
- Total liabilities (EOY)
- $4,087
- Net assets (EOY)
- $34,129,623
- Net assets (BOY)
- $28,595,954
Income & contributions
- Employer contributions
- $1,258,979
- Participant contributions
- $1,381,321
- Total contributions
- $3,144,116
- Total income / additions
- $7,422,062
Expenses & distributions
- Benefits paid
- $1,856,437
- Administrative expenses
- $31,956
- Total expenses
- $1,888,393
- Net increase / (decrease)
- $5,533,669
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| American United Life Insurance Co. | SERVICE PROVIDER | $2,796 | $82,907 | 2023 |
| Rt Jones Capital Equities Mgmt Inc | SERVICE PROVIDER | $28,802 | not reported in the loaded dataset | 2023 |
| Benefits2 Administrators LLC | THIRD PARTY ADMINISTRATO | $14,071 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First Federal Savings Bank
- 2023 Form 5500 filing
- Form 5500 filings in ID
- 401(k) and benefit plan filings in Twin Falls, ID
- American United Life Insurance Co. — Schedule C compensation
- Rt Jones Capital Equities Mgmt Inc — Schedule C compensation
- Benefits2 Administrators LLC — Schedule C compensation