# First Paragould Bankshares, INC 401(k) Plan
Source: https://planprovider.pro/companies/first-paragould-bankshares-inc-401k-plan

> First Paragould Bankshares, INC's 401(k) plan: 279 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** First Paragould Bankshares, INC

- **Sponsor EIN:** 621199969

- **Sponsor Address:** 200 W. COURT STREET, PARAGOULD, AR, 72450

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

- **Total Participants:** 279

- **Total Assets:** $28.5M

## 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|279|$28.5M|$732,007|$1.1M|

| 2023|280|$25.1M|$738,414|$1.2M|

| 2022|278|$21.4M|$698,958|$1.1M|

## 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|

| STEPHENS|NONE|$83,918|—|$83,918|

| CPI QUALIFIED PLAN CONSULTANTS, INC|NONE|$29,718|—|$29,718|

| HCJ CPAS & ADVISORS, PLLC|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [STEPHENS](https://planprovider.pro/provider/stephens) — NONE

- [CPI QUALIFIED PLAN CONSULTANTS, INC](https://planprovider.pro/provider/trustage) — NONE

- [HCJ CPAS & ADVISORS, PLLC](https://planprovider.pro/provider/hcj-cpas-and-advisors-pllc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $113,636

- **Estimated Expense Ratio:** 0.398% 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|$113,636|$83,918|$10,537|—|—|

| 2023|$101,281|$74,556|$9,684|—|—|

| 2022|$75,507|$73,307|$2,200|—|—|

## Similar Plans

- [Magnolia Banking Corporation And Farmers Bank And Trust Company](https://planprovider.pro/companies/magnolia-banking-corporation-and-farmers-bank-and-trust-company-401k-plan) — 390 participants

- [First Bank Corp](https://planprovider.pro/companies/first-bank-corp-plan-001) — 399 participants

- [First Community Bank](https://planprovider.pro/companies/first-community-bank-plan-001-9734) — 533 participants

- [Southern Bancorp, INC.](https://planprovider.pro/companies/southern-bancorp-inc-plan) — 569 participants

- [First Security Bancorp](https://planprovider.pro/companies/first-security-bancorp-401k-plan) — 911 participants

- [Home Bancshares, INC.](https://planprovider.pro/companies/home-bancshares-inc-401k-plan) — 2,574 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/first-paragould-bankshares-inc-401k-plan)

© 2026 PlanProvider.Pro