First Centennial Mortgage 401(K) Retirement Plan — Form 5500 plan (First Centennial Mortgage Corporation)

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 Centennial Mortgage 401(K) Retirement Plan is a benefit plan reported by First Centennial Mortgage Corporation under EIN 36-4176531 and plan number 001. The latest loaded filing year is 2023. The filing reports 340 participants and $10,337,196 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.2MPlan net assets, end of year$10,230,256
Participants340Covered participants reported
Assets / participant$30.4KComputed: assets ÷ participants$30,404 (computed)
Provider compensation$51.1K2 Schedule C provider row(s)$51,150
Plan sponsor
First Centennial Mortgage Corporation
EIN
36-4176531
Plan number
001
Plan type
2
Location
Aurora, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023340H, C20250128085233NAL0022444208001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$10.3M total assets
Net assets$10.2MLiabilities$106.9K
Money in vs. money out
Total income / additions$3.7M
Total expenses$10.2M
Benefits paid / distributions$10.2M
Contributions
Employer$125.6K
Participant$947.1K
Full reported line items

Net assets

Total assets (EOY)
$10,337,196
Total liabilities (EOY)
$106,940
Net assets (EOY)
$10,230,256
Net assets (BOY)
$16,798,881

Income & contributions

Employer contributions
$125,616
Participant contributions
$947,123
Total contributions
$1,072,739
Total income / additions
$3,679,430

Expenses & distributions

Benefits paid
$10,162,748
Administrative expenses
$85,307
Total expenses
$10,248,055
Net increase / (decrease)
-$6,568,625
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 12%Participant 88%
Total expenses ÷ net assets100%Computed ratio
Benefits paid ÷ total income276%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ubs Financial Services IncSERVICE PROVIDER$0$40,7212023
Ascensus C/O Future PlanTHIRD PARTY ADMIN$0$10,4292023

Related Form 5500 pages