Plan Snapshot
- Plan Sponsor: First Financial Bancorp
- Sponsor EIN: 311042001
- Sponsor Address: 255 EAST 5TH STREET, SUITE 800, CINCINNATI, OH, 452024700
- Plan Type: 401(k)
- Total Participants: 2,084
- Total Assets: $171.4M
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 | 2,084 | $171.4M | $576 | $14.9M |
| 2023 | 2,162 | $153.9M | $1,145 | $14.0M |
| 2022 | 2,125 | $131.2M | $0 | $13.6M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $122,629 | — | $122,629 |
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,629
- Estimated Expense Ratio: 0.072% 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 | $122,629 | — | $122,629 | — | — |
| 2023 | $110,544 | — | $110,544 | — | — |
| 2022 | $81,248 | — | $81,248 | — | — |