Plan Snapshot
- Plan Sponsor: First National Bank Of Eastern Arkansas
- Sponsor EIN: 710128070
- Sponsor Address: P.O. BOX 2019, FOREST CITY, AR, 723362019
- Plan Type: DC
- Total Participants: 90
- Total Assets: $19.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 90 | $19.4M | $674,728 | $127,004 |
| 2023 | 89 | $18.9M | $672,325 | $136,965 |
| 2022 | 95 | $16.8M | $534,535 | $143,768 |
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 |
|---|---|---|---|---|
| DELTA ASSET MANAGEMENT, LLC | INVESTMENT PROVIDER | $73,319 | — | $73,319 |
| BURLEIGH CONSULTING GROUP, INC. | TPA | $6,500 | — | $6,500 |
| ERWIN & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERWIN & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,819
- Estimated Expense Ratio: 0.412% 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 | $80,201 | $73,319 | — | — | — |
| 2023 | $75,379 | $68,668 | — | — | — |
| 2022 | $78,164 | $71,328 | $6,550 | — | — |