First Bank And Trust Company Employee Stock Ownership And Savings Plan — Form 5500 plan (The First Bank And Trust Company)
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 Bank And Trust Company Employee Stock Ownership And Savings Plan is a benefit plan reported by The First Bank And Trust Company under EIN 54-1116387 and plan number 001. The latest loaded filing year is 2023. The filing reports 542 participants and $38,392,525 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The First Bank And Trust Company
- EIN
- 54-1116387
- Plan number
- 001
- Plan type
- 2
- Location
- Abingdon, VA
- Latest filing year
- 2023
- Participants
- 542
- End-of-year plan assets
- $38,392,525
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 542 | H, C | 20240926104506NAL0000316131002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $38,392,525
- Total liabilities (EOY)
- $32,058
- Net assets (EOY)
- $38,360,467
- Net assets (BOY)
- $39,731,623
Income & contributions
- Employer contributions
- $1,084,458
- Participant contributions
- $2,103,570
- Total contributions
- $3,489,412
- Total income / additions
- $8,649,982
Expenses & distributions
- Benefits paid
- $9,910,932
- Administrative expenses
- $78,148
- Total expenses
- $10,021,138
- Net increase / (decrease)
- -$1,371,156
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Epic Retirement Plan Services | NONE | $59,219 | $0 | 2023 |
| Nbt Bank, N.A. | NONE | $18,927 | not reported in the loaded dataset | 2023 |
| Matrix Settlement & Clearance Svs | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The First Bank And Trust Company
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Abingdon, VA
- Epic Retirement Plan Services — Schedule C compensation
- Nbt Bank, N.A. — Schedule C compensation
- Matrix Settlement & Clearance Svs — Schedule C compensation