2023 Form 5500 filing — First Commonwealth Financial Corporation 401(K) Retirement Savings And Investment Plan
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 20240923145605NAL0006717427001) for First Commonwealth Financial Corporation 401(K) Retirement Savings And Investment Plan, reported by First Commonwealth Financial Corporation under EIN 25-1428528 and plan number 002. It reports 1,846 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240923145605NAL0006717427001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Commonwealth Financial Corporation
- EIN
- 25-1428528
- Plan number
- 002
- Location
- Indiana, PA
- Participants
- 1,846
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $154,223,739
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $154,223,739
- Employer contributions
- $3,063,335
- Participant contributions
- $7,906,080
- Total income / additions
- $39,251,378
- Benefits paid
- $12,268,758
- Administrative expenses
- $245,243
- Total expenses
- $12,514,018
- Net increase / (decrease)
- $26,737,360
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $133,230 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $56,962 | not reported in the loaded dataset |
| Mercer Investments LLC | CONSULTANT | $40,000 | not reported in the loaded dataset |
| Baker Tilly | ACCOUNTANT/AUDITOR | $15,050 | not reported in the loaded dataset |