Retirement plan

FIRST CITY CAPITAL MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: FIRST CITY CAPITAL MANAGEMENT, INC. - FIRST CITY CAPITAL MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: FIRST CITY CAPITAL MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST CITY CAPITAL MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST, FIRST CITY CAPITAL MANAGEMENT, INC.

FIRST CITY CAPITAL MANAGEMENT, INC.EIN 58-1363057Plan #001PY 2022

136 HABERSHAM STREET - SAVANNAH, GA 31401912-233-5492firstcitycapitalmanagement.comLinkedIn1-10 employeesinvestment banking

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$4.3M

-9.1% from 2021

Total participants

0.0% from 2021

Average account balance

$425,574

-9.1% from 2021

Annual return

-8.51%

-18.44 pp from 2021

Benchmarks

See 35,220 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort35,220 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.73M

Not enough data

1 years with asset history on file

Average account balance

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

$573K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$385K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$48K

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

+13.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19733

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 codes2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$199K

$24844 / participant

Other / not subdivided$199K100.0%

% of EOY assets

4.670%

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

$425,574

$167,504+154.1%

$151,628+180.7%

$134,509+216.4%

Participation rate

100.0%

88.4%+11.6pp

87.5%+12.5pp

81.2%+18.8pp

Annual return

-8.51%

7.81%-16.3pp

3.34%-11.8pp

418.13%-426.6pp

Employer contribution / active EE

$12,266

$6,828+79.6%

$6,165+99.0%

$4,741+158.7%

Participant deferral / active EE

$9,000

$8,985+0.2%

$8,363+7.6%

$6,400+40.6%

Admin fee / account holder

$19,875

$13,779+44.2%

$11,613+71.1%

$11,427+73.9%

FIRST CITY CAPITAL MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST CITY CAPITAL MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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