Plan Snapshot
- Plan Sponsor: First Bank Corp
- Sponsor EIN: 710682703
- Sponsor Address: 602 GARRISON AVENUE, FORT SMITH, AR, 729012542
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 404
- Total Assets: $29.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 404 | $29.8M | $1.4M | $0 |
| 2023 | 388 | $29.3M | $1.2M | $0 |
| 2022 | 434 | $29.1M | $1.3M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| HOGANTAYLOR LLP | Auditor | $51,610 | — | $51,610 |
| FRIDAY ELDREDGE & CLARK | Other Service Provider | $8,325 | — | $8,325 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOGANTAYLOR LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,935
- Estimated Expense Ratio: 0.201% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $60,182 | — | — | $51,610 | — |
| 2023 | $45,017 | — | — | $39,375 | — |
| 2022 | $25,135 | — | — | — | $25,135 |