2023 Form 5500 filing — First Step 401(K) Retirement Savings Plan & Trust
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 20241015132659NAL0014716659001) for First Step 401(K) Retirement Savings Plan & Trust, reported by First Step, Inc. under EIN 71-0307372 and plan number 001. It reports 707 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015132659NAL0014716659001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Step, Inc.
- EIN
- 71-0307372
- Plan number
- 001
- Location
- Hot Springs, AR
- Participants
- 707
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,464,494
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,464,494
- Employer contributions
- $603,076
- Participant contributions
- $756,762
- Total income / additions
- $3,277,597
- Benefits paid
- $1,354,591
- Administrative expenses
- $79,904
- Total expenses
- $1,435,274
- Net increase / (decrease)
- $1,842,323
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $46,197 | $0 |
| Prime Capital Investment Advisors | ADVISOR | $33,707 | not reported in the loaded dataset |