First Community Bank Of Tennessee Profit Sharing 401(K) Plan And Trust — Form 5500 plan (First Community Bank Of Tennessee)
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 Community Bank Of Tennessee Profit Sharing 401(K) Plan And Trust is a benefit plan reported by First Community Bank Of Tennessee under EIN 62-1333150 and plan number 001. The latest loaded filing year is 2023. The filing reports 587 participants and $27,149,464 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Community Bank Of Tennessee
- EIN
- 62-1333150
- Plan number
- 001
- Plan type
- 2
- Location
- Shelbyville, TN
- Latest filing year
- 2023
- Participants
- 587
- End-of-year plan assets
- $27,149,464
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 587 | H, C | 20241015122514NAL0016379219001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,149,464
- Total liabilities (EOY)
- $33,190
- Net assets (EOY)
- $27,116,274
- Net assets (BOY)
- $22,468,224
Income & contributions
- Employer contributions
- $1,561,857
- Participant contributions
- $2,643,769
- Total contributions
- $5,719,706
- Total income / additions
- $9,821,474
Expenses & distributions
- Benefits paid
- $5,037,743
- Administrative expenses
- $134,893
- Total expenses
- $5,173,424
- Net increase / (decrease)
- $4,648,050
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ftb Advisors Inc | ADVISOR | $84,245 | not reported in the loaded dataset | 2023 |
| Fidelity Inv. Institutional Op. Co | RECORDKEEPER | $27,676 | not reported in the loaded dataset | 2023 |
| Futureplan By Ascensus | TPA | $19,000 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for First Community Bank Of Tennessee
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Shelbyville, TN
- Ftb Advisors Inc — Schedule C compensation
- Fidelity Inv. Institutional Op. Co — Schedule C compensation
- Futureplan By Ascensus — Schedule C compensation