Plan Snapshot
- Plan Sponsor: Firstrust Savings Bank
- Sponsor EIN: 230970971
- Sponsor Address: C/O HUMAN RESOURCES, HORSHAM, PA, 19044
- Plan Type: 401(k)
- Total Participants: 468
- Total Assets: $83.5M
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 | 468 | $83.5M | $1.3M | $4.3M |
| 2023 | 466 | $72.7M | $1.3M | $4.3M |
| 2022 | 468 | $61.0M | $1.3M | $4.1M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RETAINED BY EMPLOYER | $80,004 | — | $80,004 |
| CAPFINANCIAL PARTNERS, LLC | RETAINED BY EMPLOYER | $40,012 | — | $40,012 |
| ISDANER & COMPANY, LLC | RETAINED BY EMPLOYER | $19,800 | — | $19,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY EMPLOYER
- ISDANER & COMPANY, LLC — RETAINED BY EMPLOYER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,816
- Estimated Expense Ratio: 0.167% 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 | $151,532 | $51,632 | $80,100 | $19,800 | — |
| 2023 | $132,574 | $31,714 | $81,060 | $19,800 | — |
| 2022 | $146,344 | $12,600 | $114,894 | — | $18,850 |