# First State Financial Corporation 401(k) Plan
Source: https://planprovider.pro/companies/first-state-financial-corporation-401k-plan

> First State Financial Corporation's 401(k) plan: 187 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** First State Financial Corporation

- **Sponsor EIN:** 382387765

- **Sponsor Address:** 24300 LITTLE MACK, ST CLAIR SHORES, MI, 48080

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

- **Total Participants:** 187

- **Total Assets:** $36.7M

## 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|187|$36.7M|$1.0M|$1.4M|

| 2023|188|$32.6M|$931,157|$1.3M|

| 2022|180|$28.2M|$772,870|$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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$31,199|—|$31,199|

| ONEDIGITAL INVESTMENT ADVISORS LLC|INVESTMENT ADVISOR|$10,000|—|$10,000|

| MANER COSTERISAN, PC|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [ONEDIGITAL INVESTMENT ADVISORS LLC](https://planprovider.pro/provider/epic-retirement-plan-services) — INVESTMENT ADVISOR

- [MANER COSTERISAN, PC](https://planprovider.pro/provider/maner-costerisan-pc) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $41,199

- **Estimated Expense Ratio:** 0.112% 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|$41,456|$257|$300|—|—|

| 2023|$20,814|—|—|—|—|

| 2022|$28,920|—|—|—|—|

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