First Freedom Bank 401 (K) Plan — Form 5500 plan (First Freedom Bank)
Plain-English plan 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, First Freedom Bank 401 (K) Plan is a benefit plan reported by First Freedom Bank under EIN 20-2432282 and plan number 001. The latest loaded filing year is 2023. The filing reports 108 participants and $7,059,758 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Freedom Bank
- EIN
- 20-2432282
- Plan number
- 001
- Plan type
- 2
- Location
- Lebanon, TN
- Latest filing year
- 2023
- Participants
- 108
- End-of-year plan assets
- $7,059,758
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 108 | I | 20240925144609NAL0005525715001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $7,059,758
- Total liabilities (EOY)
- $88
- Net assets (EOY)
- $7,059,670
- Net assets (BOY)
- $6,671,637
Income & contributions
- Employer contributions
- $216,434
- Participant contributions
- $466,728
- Total income / additions
- $1,561,054
Expenses & distributions
- Benefits paid
- $1,171,106
- Administrative expenses
- $1,915
- Total expenses
- $1,173,021
- Net increase / (decrease)
- $388,033
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.