Plan Snapshot
- Plan Sponsor: Firstperryton Bancorp, INC.
- Sponsor EIN: 751869513
- Sponsor Address: 201 SOUTH MAIN STREET, PERRYTON, TX, 79070
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 297
- Total Assets: $34.7M
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. |
|---|---|---|---|---|
| 2025 | 297 | $34.7M | $0 | $0 |
| 2024 | 226 | $29.7M | $692,512 | $1.0M |
| 2023 | 221 | $26.8M | $666,733 | $1.0M |
| 2022 | 180 | $24.8M | $555,942 | $874,830 |
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 |
|---|---|---|---|---|
| ROBERTSON & ROBERTSON PLLC | Auditor | $21,775 | — | $21,775 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,775
- Estimated Expense Ratio: 0.063% 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 |
|---|---|---|---|---|---|
| 2025 | $3,341,365 | — | $9,255 | $21,775 | — |
| 2024 | $68,681 | — | — | $13,000 | — |
| 2023 | $53,168 | $4,035 | $49,133 | — | — |
| 2022 | $62,252 | $2,925 | $48,327 | — | — |