Retirement plan

FIRST NATIONAL CAPITAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Name: FIRST NATIONAL CAPITAL CORPORATION - FIRST NATIONAL CAPITAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN (2020) Form 5500
Creator: FIRST NATIONAL CAPITAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST NATIONAL CAPITAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN, FIRST NATIONAL CAPITAL CORPORATION

FIRST NATIONAL CAPITAL CORPORATIONEIN 59-3796875Plan #002PY 2020

27051 TOWNE CENTRE DRIVE, SUITE 260 - FOOTHILL RANCH, CA 92610949-707-2070firstncc.comLinkedIn51-200 employeesfinancial services

Other plans on this EIN

1 filing

#001Retirement-$3.6M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$61.5M

+67.5% from 2019

Total participants

+17.6% from 2019

Average account balance

$1,043,063

+41.9% from 2019

Annual return

63.01%

+51.05 pp from 2019

Benchmarks

See 7,209 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,209 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$103.41M

Not enough data

1 years with asset history on file

Average account balance

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

$1.5M

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.

95.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$39K

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

-4.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23388

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 codes2E2P2Q3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
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

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

$1.2M

$30812 / participant

Other / not subdivided$1M100.0%

% of EOY assets

2.003%

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

$1,043,063

$123,793+742.6%

$177,848+486.5%

$79,856+1206.2%

Participation rate

97.5%

84.7%+12.8pp

87.7%+9.8pp

69.6%+27.9pp

Annual return

63.01%

22.82%+40.2pp

48.33%+14.7pp

31.71%+31.3pp

Employer contribution / active EE

$41,012

$4,095+901.5%

$5,919+592.9%

$2,471+1559.6%

Participant deferral / active EE

$5,956-100.0%

$7,714-100.0%

$3,741-100.0%

Admin fee / account holder

$20,889

$7,243+188.4%

$12,431+68.0%

$5,306+293.7%

FIRST NATIONAL CAPITAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST NATIONAL CAPITAL CORPORATION 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