Plan Snapshot
- Plan Sponsor: First Community Bancshares, INC.
- Sponsor EIN: 760035013
- Sponsor Address: 901 E CENTRAL TEXAS EXPRESSWAY, KILLEEN, TX, 76541
- Plan Type: 401(k)
- Total Participants: 2,688
- Total Assets: $142.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 2,688 | $142.3M | $4.7M | $6.1M |
| 2023 | 2,158 | $122.7M | $4.3M | $5.7M |
| 2022 | 2,101 | $102.4M | $4.2M | $5.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $40,912 | — | $40,912 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $13,660 | — | $13,660 |
| HAM, LANGSTON & BREZINA L.L.P. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- HAM, LANGSTON & BREZINA L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,572
- Estimated Expense Ratio: 0.038% 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 | $55,472 | $13,660 | $900 | — | — |
| 2023 | $117,959 | $5,013 | — | $14,669 | — |
| 2022 | $36,031 | $3 | — | — | — |