2023 Form 5500 filing — Savings Plan For Employees Of First Bank
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240723174136NAL0012268833001) for Savings Plan For Employees Of First Bank, reported by First Bank under EIN 92-0007523 and plan number 002. It reports 176 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240723174136NAL0012268833001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Bank
- EIN
- 92-0007523
- Plan number
- 002
- Location
- Ketchikan, AK
- Participants
- 176
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,514,701
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,514,701
- Employer contributions
- $257,078
- Participant contributions
- $765,867
- Total income / additions
- $4,040,045
- Benefits paid
- $1,355,050
- Administrative expenses
- $8,235
- Total expenses
- $1,363,285
- Net increase / (decrease)
- $2,676,760
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Vanguard Advisers Inc. | NONE | $6,116 | not reported in the loaded dataset |
| The Vanguard Group, Inc. | NONE | $3,243 | $0 |