Plan Snapshot
- Plan Sponsor: First Bankers Trustshares, INC.
- Sponsor EIN: 371237250
- Sponsor Address: 1201 BROADWAY, QUINCY, IL, 623012811
- Plan Type: 401(k)
- Total Participants: 176
- Total Assets: $22.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 176 | $22.9M | $614,552 | $866,791 |
| 2023 | 157 | $20.6M | $586,067 | $833,838 |
| 2022 | 169 | $17.4M | $551,086 | $742,689 |
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 |
|---|---|---|---|---|
| WADE STABLES, 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 | $30,608 | — | $30,477 | — | — |
| 2023 | $28,543 | — | $6,681 | — | — |
| 2022 | $27,097 | — | $23,466 | — | $3,631 |