2023 Form 5500 filing — First National Bank Of Michigan 401k 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 20241011090847NAL0036489456001) for First National Bank Of Michigan 401k Plan, reported by First National Bancorp, Inc. under EIN 20-4047328 and plan number 001. It reports 98 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$9MReported net assets$9,031,244
Participants98
Provider compensation$50.2K4 Schedule C row(s)$50,173
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011090847NAL0036489456001
Plan sponsor
First National Bancorp, Inc.
EIN
20-4047328
Plan number
001
Location
Kalamazoo, MI
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$9M total assets
Net assets$9MLiabilities$0
Money in vs. money out
Total income / additions$2.9M
Total expenses$917.6K
Benefits paid / distributions$866.1K
Contributions
Employer$332.1K
Participant$730.7K
Full reported line items
Total assets (EOY)
$9,031,244
Total liabilities (EOY)
$0
Net assets (EOY)
$9,031,244
Employer contributions
$332,133
Participant contributions
$730,737
Total income / additions
$2,926,180
Benefits paid
$866,110
Administrative expenses
$51,453
Total expenses
$917,563
Net increase / (decrease)
$2,008,617
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $19.2K · Indirect $0
  2. 2
    INVESTMENT ADVISORY · Direct $18.3K · Indirect $0
  3. 3
    AUDITOR · Direct $12.5K
  4. 4
    TRUSTEE · Direct $180

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241011090847NAL0036489456001 cover?
It is the 2023 Form 5500 filing for First National Bank Of Michigan 401k Plan, reported by First National Bancorp, Inc. (EIN 20-4047328).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages