Retirement plan

FIRST NATIONAL CAPITAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Name: FIRST NATIONAL CAPITAL CORPORATION - FIRST NATIONAL CAPITAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN (2021) 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 2021

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

Other plans on this EIN

1 filing

#001Retirement-$4.7M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$89.7M

+45.8% from 2020

Total participants

+5.0% from 2020

Average account balance

$1,446,813

+38.7% from 2020

Annual return

42.68%

-20.33 pp from 2020

Benchmarks

See 7,182 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,182 peers

Snapshot2021

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

$1.6M

$41005 / participant

Other / not subdivided$2M100.0%

% of EOY assets

1.829%

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

$1,446,813

$137,414+952.9%

$189,545+663.3%

$85,851+1585.3%

Participation rate

97.5%

84.6%+12.9pp

87.8%+9.7pp

69.3%+28.2pp

Annual return

42.68%

38.14%+4.5pp

555.36%-512.7pp

318.63%-276.0pp

Employer contribution / active EE

$47,454

$4,344+992.3%

$6,162+670.1%

$2,565+1749.7%

Participant deferral / active EE

$6,260-100.0%

$8,220-100.0%

$3,952-100.0%

Admin fee / account holder

$26,455

$8,630+206.6%

$12,049+119.6%

$6,261+322.5%

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