# First Federal Savings Bank 401(k) Plan
Source: https://planprovider.pro/companies/first-federal-savings-bank-401k-plan-002

> First Federal Savings Bank's 401(k) plan: 88 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** First Federal Savings Bank

- **Sponsor EIN:** 361077600

- **Sponsor Address:** 633 LASALLE STREET 1ST FLOOR, OTTAWA, IL, 61350

- **Plan Type:** 401(k)

- **Total Participants:** 88

- **Total Assets:** $15.4M

## 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|88|$15.4M|$276,837|$437,396|

| 2023|93|$13.6M|$285,380|$422,114|

| 2022|94|$13.9M|$288,316|$391,625|

## 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|

| CLIFTONLARSONALLEN LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — Auditor

## 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|$62,616|$39,052|—|—|—|

| 2023|$64,003|$36,615|—|$4,225|—|

| 2022|$69,960|—|$69,960|—|—|

## Similar Plans

- [Sterling Federal Bank, Fsb](https://planprovider.pro/companies/sterling-federal-bank-fsb-plan) — 78 participants

- [Osb Community Bank](https://planprovider.pro/companies/osb-community-bank-401k-plan) — 64 participants

- [U.S. Fiduciary Services, INC.](https://planprovider.pro/companies/u-s-fiduciary-services-inc-plan) — 62 participants

- [Osb Community Bank](https://planprovider.pro/companies/osb-community-bank-plan) — 59 participants

- [North Shore Trust And Savings](https://planprovider.pro/companies/north-shore-trust-and-savings-401k-plan) — 53 participants

- [First Trust Bank Of Illinois](https://planprovider.pro/companies/first-trust-bank-of-illinois-401k-plan) — 38 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/first-federal-savings-bank-401k-plan-002)

© 2026 PlanProvider.Pro