First American Bank — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, First American Bank (EIN 85-0020635) is a plan sponsor located in Artesia, NM with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
85-0020635
Location
Artesia, NM
Loaded plans
2
Latest filing year
2023

Reported financial aggregate (2023)

Reported net position

Total reported assets (EOY)
$74,068,297
Total reported liabilities (EOY)
$0
Total reported net assets (EOY)
$74,068,297

Contributions & income

Employer contributions
$2,137,921
Participant contributions
$1,629,996
Total income / additions
$12,584,349

Expenses & distributions

Benefits paid / distributions
$5,081,491
Total expenses
$5,696,813
Net increase / (decrease)
$6,887,536

Coverage

Total reported participants
603
Plans with financial statements
2
Plans with provider compensation
1

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Largest loaded plans by reported assets

First American Bank plans by reported end-of-year assets
PlanPlan #ParticipantsReported assets (EOY)Year
First American Bank 401(K) Employee Stock Ownership Plan002415$73,866,5702023
First American Bank Welfare Benefits Plan501188$201,7272023

Search all 2 loaded plans for this company →

Latest loaded filings

Most recent loaded Form 5500 filings for First American Bank
YearPlanParticipantsSchedulesFiling
2023First American Bank 401(K) Employee Stock Ownership Plan415H20241011153925NAL0023135057001
2023First American Bank Welfare Benefits Plan188H, C20241011173959NAL0012820579001

Related Form 5500 pages