First Community Bank 401(K) And Profit Sharing Plan — Form 5500 plan (First Community 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 Community Bank 401(K) And Profit Sharing Plan is a benefit plan reported by First Community Bank under EIN 71-0799734 and plan number 001. The latest loaded filing year is 2023. The filing reports 725 participants and $22,354,444 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Community Bank
- EIN
- 71-0799734
- Plan number
- 001
- Plan type
- 2
- Location
- Batesville, AR
- Latest filing year
- 2023
- Participants
- 725
- End-of-year plan assets
- $22,354,444
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 725 | H, C | 20240710141142NAL0009654675001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,354,444
- Total liabilities (EOY)
- $65
- Net assets (EOY)
- $22,354,379
- Net assets (BOY)
- $19,911,506
Income & contributions
- Employer contributions
- $1,085,509
- Participant contributions
- $1,671,000
- Total contributions
- $3,682,925
- Total income / additions
- $6,893,862
Expenses & distributions
- Benefits paid
- $4,222,868
- Administrative expenses
- $227,799
- Total expenses
- $4,450,989
- Net increase / (decrease)
- $2,442,873
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insur Co. (Usa) | RECORDKEEPER | $6,196 | $0 | 2023 |