Retirement plan

FIRST NATIONAL BANK IN AMBOY EMPLOYEES PENSION PLAN

Name: FIRST NATIONAL BANK IN AMBOY - FIRST NATIONAL BANK IN AMBOY EMPLOYEES PENSION PLAN (2017) Form 5500
Creator: FIRST NATIONAL BANK IN AMBOY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST NATIONAL BANK IN AMBOY EMPLOYEES PENSION PLAN, FIRST NATIONAL BANK IN AMBOY

FIRST NATIONAL BANK IN AMBOYEIN 36-1077770Plan #001PY 2017

220 E. MAIN STREET - AMBOY, IL 61310815-857-3625fnbpax.comLinkedIn11-50 employeesbanking

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4M

+11.2% from 2016

Total participants

+2.0% from 2016

Average account balance

$81,060

+11.2% from 2016

Annual return

11.09%

+2.71 pp from 2016

Benchmarks

See 7,573 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,573 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.63M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

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.

108.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$135K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1072

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2C

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$182K

$4048 / participant

Other / not subdivided$182K100.0%

% of EOY assets

4.586%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,060

$100,041-19.0%

$149,718-45.9%

$70,131+15.6%

Participation rate

93.3%

83.6%+9.7pp

87.1%+6.3pp

69.5%+23.8pp

Annual return

11.09%

27.43%-16.3pp

1501.70%-1490.6pp

73.14%-62.1pp

Employer contribution / active EE

$4,145

$3,662+13.2%

$5,444-23.9%

$2,342+76.9%

Participant deferral / active EE

$4,983-100.0%

$6,568-100.0%

$3,332-100.0%

Admin fee / account holder

$3,718

$8,286-55.1%

$11,283-67.0%

$4,645-20.0%

FIRST NATIONAL BANK IN AMBOY EMPLOYEES PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST NATIONAL BANK IN AMBOY EMPLOYEES PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion