Plan Snapshot
- Plan Sponsor: First Bank & Trust Co
- Sponsor EIN: 731332958
- Sponsor Address: 923 W MAIN ST, DUNCAN, OK, 735334617
- Plan Type: 401(k)
- Total Participants: 180
- Total Assets: $16.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 180 | $16.7M | $263,759 | $681,615 |
| 2023 | 179 | $14.9M | $264,763 | $688,141 |
| 2022 | 179 | $12.2M | $257,336 | $663,599 |
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 |
|---|---|---|---|---|
| SMITH, CARNEY & CO. P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $38,961 | — | $12,965 | — | — |
| 2023 | $32,911 | $20,976 | $11,935 | — | — |
| 2022 | $31,690 | $17,244 | $14,446 | — | — |