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 (2021) 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 2021

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

Other plans on this EIN

1 filing

#001Retirement-$43.8M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$40.3M

+13.5% from 2020

Total participants

161

-3.0% from 2020

Average account balance

$250,545

+17.0% from 2020

Annual return

20.11%

+2.73 pp from 2020

Benchmarks

See 2,179 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,179 peers

Snapshot2021

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 5 by compensation

Provider	Service type	Compensation
BLACKROCK4 years Filed as: BLACKROCK FUND ADVISORS Service code 28 · EIN 51-0318674	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL4 years Filed as: FIDELITY & RESEARCH COMPANY Service code 28 · EIN 06-1194217	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL4 years Filed as: FIDELITY MANAGEMENT & RESEARCH COMP Service code 28	Investment Management	$0
INVESCO4 years Filed as: INVESCO CAPITAL MANAGEMENT LLC Service code 28 3500 LACEY ROAD SUITE 700 · DOWNERS GROVE, IL 60515	Investment Management	$0
VAN ECK ASSOCIATES CORPORATION4 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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$250,545

$121,341+106.5%

$189,520+32.2%

$79,393+215.6%

Participation rate

100.0%

86.1%+13.9pp

87.8%+12.2pp

70.7%+29.3pp

Annual return

20.11%

21.08%-1.0pp

555.25%-535.1pp

116.87%-96.8pp

Employer contribution / active EE

$1,882

$3,915-51.9%

$6,161-69.4%

$2,428-22.5%

Participant deferral / active EE

$5,015

$6,395-21.6%

$8,220-39.0%

$4,046+24.0%

Admin fee / account holder

$651-100.0%

$12,046-100.0%

$627-100.0%

Provider

Service type

Compensation

BLACKROCK4 years

Filed as: BLACKROCK FUND ADVISORS

Service code 28 · EIN 51-0318674

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL4 years

Filed as: FIDELITY & RESEARCH COMPANY

Service code 28 · EIN 06-1194217

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL4 years

Filed as: FIDELITY MANAGEMENT & RESEARCH COMP

Service code 28

Investment Management

INVESCO4 years

Filed as: INVESCO CAPITAL MANAGEMENT LLC

Service code 28

3500 LACEY ROAD SUITE 700 · DOWNERS GROVE, IL 60515

Investment Management

VAN ECK ASSOCIATES CORPORATION4 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