Department of Labor filing

THE FIRST BANK AND TRUST COMPANY

FIRST BANK AND TRUST COMPANY EMPLOYEE STOCK OWNERSHIP AND SAVINGS PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jul 2, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

38filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$2,501

Reported employer contributions per active participant.

Higher than about 31% of comparable plans

#People in the filing

454

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$168 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 54% of comparable plans

↗Investment performance

Not available

Plan assets changed 14.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202438out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions31st percentileTypical peer $3,279 · based on 1,427 comparable plans

Lower reported administrative expense54th percentileTypical peer $184 · based on 1,443 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, THE FIRST BANK AND TRUST COMPANY reported $1,135,610 in employer contributions across the plan and 454 active participants. That works out to $2,501 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy92%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 7.6%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 9.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context38/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,135,610
Participant contributions: $2,207,521
Other contributions: $373,696
Employer share of reported contributions: 34.0%
Beginning assets: $38,392,525
Ending assets: $44,073,002
Ending net assets: $44,043,578
Ending liabilities: $29,424
Total income: $11,231,875
Total expenses: $5,548,764
Administrative expenses: $84,336
Participant loans: $41,667

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,325

2023

$2,437

2024

$2,501

Plan-paid administrative expenses per participant

2022

$154

2023

$144

2024

$168

Active participants

2022

448

2023

445

2024

454

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$2,501	454	44.1M	20250702113007NAL0007594483001
2023	$2,437	445	38.4M	20240926104506NAL0000316131002
2022	$2,325	448	39.8M	20230731133009NAL0009067971007

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.1%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 541116387-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1993
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2H2J2K2O

Current plan terms

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Filing ACK_ID20250702113007NAL0007594483001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗