Plan Snapshot
- Plan Sponsor: First Savings Bank
- Sponsor EIN: 350309764
- Sponsor Address: 702 NORTH SHORE DRIVE SUITE 300, JEFFERSONVILLE, IN, 47130
- Plan Type: 401(k)
- Total Participants: 253
- Total Assets: $40.0M
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 | 253 | $40.0M | $963,179 | $1.8M |
| 2023 | 287 | $35.1M | $1.2M | $2.3M |
| 2022 | 418 | $31.3M | $1.4M | $2.7M |
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 |
|---|---|---|---|---|
| CLARK, SCHAEFER, HACKETT & CO. | Auditor | — | — | $0 |
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 | $136,432 | — | $81,016 | — | — |
| 2023 | $212,120 | — | — | — | — |
| 2022 | $189,764 | — | — | — | $189,764 |