2023 Form 5500 filing — Firstrust 401(K) And Profit Sharing 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 20241010141018NAL0011570515001) for Firstrust 401(K) And Profit Sharing Plan, reported by Firstrust Savings Bank under EIN 23-0970971 and plan number 001. It reports 586 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010141018NAL0011570515001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Firstrust Savings Bank
- EIN
- 23-0970971
- Plan number
- 001
- Location
- Horsham, PA
- Participants
- 586
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $72,691,832
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $72,691,832
- Employer contributions
- $1,331,424
- Participant contributions
- $4,272,112
- Total income / additions
- $15,676,790
- Benefits paid
- $3,805,535
- Administrative expenses
- $132,574
- Total expenses
- $3,938,109
- Net increase / (decrease)
- $11,738,681
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock | RETAINED BY EMPLOYER | $68,781 | $0 |
| Capfinancial Partners, LLC | RETAINED BY EMPLOYER | $31,714 | not reported in the loaded dataset |
| Isdaner & Company, LLC | RETAINED BY EMPLOYER | $19,800 | not reported in the loaded dataset |