Retirement plan

FIRST NATIONAL BANK OF NEWTOWN SAVINGS/INCENTIVE PLAN

Name: THE FIRST NATIONAL BANK & TRUST COMPANY OF NEWTOWN - FIRST NATIONAL BANK OF NEWTOWN SAVINGS/INCENTIVE PLAN (2020) Form 5500
Creator: THE FIRST NATIONAL BANK & TRUST COMPANY OF NEWTOWN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST NATIONAL BANK OF NEWTOWN SAVINGS/INCENTIVE PLAN, THE FIRST NATIONAL BANK & TRUST COMPANY OF NEWTOWN

THE FIRST NATIONAL BANK & TRUST COMPANY OF NEWTOWNEIN 23-0916895Plan #002PY 2020

40 SOUTH STATE STREET - NEWTOWN, PA 18940215-968-4203LinkedIn51-200 employeesbanking

Other plans on this EIN

1 filing

#001Retirement-$33.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$35.5M

+17.2% from 2019

Total participants

166

-5.7% from 2019

Average account balance

$214,061

+20.0% from 2019

Annual return

17.37%

-7.94 pp from 2019

Benchmarks

See 2,211 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,211 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$45.22M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$261K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

173

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+19.53%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 8 by compensation

Provider	Service type	Compensation
BLACKROCK3 years Filed as: BLACKROCK FUND ADVISORS Service code 28 · EIN 51-0318674	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL3 years Filed as: FIDELITY & RESEARCH COMPANY Service code 28 · EIN 06-1194217	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL3 years Filed as: FIDELITY MANAGEMENT & RESEARCH COMP Service code 28	Investment Management	$0
INVESCO3 years Filed as: INVESCO CAPITAL MANAGEMENT LLC Service code 28 3500 LACEY ROAD SUITE 700 · DOWNERS GROVE, IL 60515	Investment Management	$0
MORGAN STANLEY SMITH BARNEY2 years Filed as: J.P. MORGAN INVESTMENT INC. Service code 28 270 PARK AVENUE · NEW YORK, NY 100172070	Investment Management	$0
JP MORGAN INVESTMENT MANAGEMENT INC2 years Service code 28	Investment Management	$0
NUVEEN3 years Filed as: NUVEEN FUND ADVISORS, LLC. Service code 28 333 WEST WACKER DRIVE · CHICAGO, IL 60606	Investment Management	$0
VAN ECK ASSOCIATES CORPORATION3 years Service code 28 · EIN 13-3210061	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: S.R. SNODGRASS P.C.
Auditor EIN: 251616561
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$214,061

$136,307+57.0%

$177,848+20.4%

$73,497+191.3%

Participation rate

100.0%

86.1%+13.9pp

87.7%+12.3pp

70.7%+29.3pp

Annual return

17.37%

18.68%-1.3pp

48.33%-31.0pp

28.51%-11.1pp

Employer contribution / active EE

$1,988

$3,712-46.4%

$5,919-66.4%

$2,270-12.4%

Participant deferral / active EE

$4,695

$5,829-19.5%

$7,714-39.1%

$3,740+25.5%

Admin fee / account holder

$596-100.0%

$12,431-100.0%

$513-100.0%

Provider

Service type

Compensation

BLACKROCK3 years

Filed as: BLACKROCK FUND ADVISORS

Service code 28 · EIN 51-0318674

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Filed as: FIDELITY & RESEARCH COMPANY

Service code 28 · EIN 06-1194217

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Filed as: FIDELITY MANAGEMENT & RESEARCH COMP

Service code 28

Investment Management

INVESCO3 years

Filed as: INVESCO CAPITAL MANAGEMENT LLC

Service code 28

3500 LACEY ROAD SUITE 700 · DOWNERS GROVE, IL 60515

Investment Management

MORGAN STANLEY SMITH BARNEY2 years

Filed as: J.P. MORGAN INVESTMENT INC.

Service code 28

270 PARK AVENUE · NEW YORK, NY 100172070

Investment Management

JP MORGAN INVESTMENT MANAGEMENT INC2 years

Service code 28

Investment Management

NUVEEN3 years

Filed as: NUVEEN FUND ADVISORS, LLC.

Service code 28

333 WEST WACKER DRIVE · CHICAGO, IL 60606

Investment Management

VAN ECK ASSOCIATES CORPORATION3 years

Service code 28 · EIN 13-3210061

Investment Management

FIRST NATIONAL BANK OF NEWTOWN SAVINGS/INCENTIVE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

FIRST NATIONAL BANK OF NEWTOWN SAVINGS/INCENTIVE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion