Retirement plan

FIRST NEIGHBORHOOD BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: FIRST NEIGHBORHOOD BANCSHARES, INC. - FIRST NEIGHBORHOOD BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2018) Form 5500
Creator: FIRST NEIGHBORHOOD BANCSHARES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST NEIGHBORHOOD BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN, FIRST NEIGHBORHOOD BANCSHARES, INC.

FIRST NEIGHBORHOOD BANCSHARES, INC.EIN 37-1271125Plan #002PY 2018

201 NORTH MERIDIAN ST. - TOLEDO, IL 62468217-849-2701

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$17.8M

-4.2% from 2017

Total participants

107

+2.9% from 2017

Average account balance

$173,239

-5.2% from 2017

Annual return

3.26%

-17.13 pp from 2017

Benchmarks

See 7,475 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,475 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.24M

Not enough data

1 years with asset history on file

Average account balance

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

$187K

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.

124

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

$1.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+6.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$303

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

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 codes2I2P3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$2.3M

$25919 / participant

Other / not subdivided$2M100.0%

% of EOY assets

12.928%

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

$173,239

$94,529+83.3%

$140,019+23.7%

$64,173+170.0%

Participation rate

95.5%

84.1%+11.4pp

87.5%+8.0pp

69.6%+25.9pp

Annual return

3.26%

7.77%-4.5pp

651.17%-647.9pp

7.63%-4.4pp

Employer contribution / active EE

$9,680

$3,812+153.9%

$5,605+72.7%

$2,381+306.6%

Participant deferral / active EE

$5,250-100.0%

$6,927-100.0%

$3,470-100.0%

Admin fee / account holder

$22,396

$6,741+232.2%

$10,705+109.2%

$4,887+358.2%

FIRST NEIGHBORHOOD BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST NEIGHBORHOOD BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP 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