Retirement plan

FIRST NATIONAL BANK OF NORTH ARKANSAS EMPLOYEE STOCK OWNERSHIP PLAN

Name: FIRST NATIONAL BANK OF NORTH ARKANSAS - FIRST NATIONAL BANK OF NORTH ARKANSAS EMPLOYEE STOCK OWNERSHIP PLAN (2019) Form 5500
Creator: FIRST NATIONAL BANK OF NORTH ARKANSAS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST NATIONAL BANK OF NORTH ARKANSAS EMPLOYEE STOCK OWNERSHIP PLAN, FIRST NATIONAL BANK OF NORTH ARKANSAS

FIRST NATIONAL BANK OF NORTH ARKANSASEIN 71-0014514Plan #002PY 2019

305-307 PUBLIC SQUARE, P.O. BOX 367 - BERRYVILLE, AR 72616870-423-66011889.bankLinkedIn1-10 employees

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed March 10, 2017

Plan administrator

Plan administrator name— Sign in and upgrade to view

P.O. Box 367

Berryville State: AR Zip Code: 72616

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Plans declared (1)

First National Bank of North Arkansas Phantom Stock Plan6 emp

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Total assets (EOY)

$17.9M

+3.8% from 2018

Total participants

120

-4.0% from 2018

Average account balance

$149,212

+8.1% from 2018

Annual return

4.07%

-1.78 pp from 2018

Benchmarks

See 491 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants25-99

Cohort491 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.85M

Not enough data

1 years with asset history on file

Average account balance

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

$228K

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.

109

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

$549K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$256

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
SF FISER & COMPANY5+ years Service code 10 · EIN 71-0749699	Accounting	$13,336
FRIDAY ELDREDGE & CLARK1 year Filed as: FRIDAY, ELDREDGE & CLARK Service code 29 · EIN 71-0253637	Legal	$6,017

Plan features & details

Pension benefit codes2E2J2O2Q

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$26K

$342 / participant

Other / not subdivided$26K100.0%

% of EOY assets

0.145%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: S. F. FISER & COMPANY
Auditor EIN: 710749699
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$149,212

$91,019+63.9%

$392,568-62.0%

$72,976+104.5%

Participation rate

100.0%

74.4%+25.6pp

78.1%+21.9pp

69.5%+30.5pp

Annual return

4.07%

20.00%-15.9pp

24.42%-20.4pp

81.02%-76.9pp

Employer contribution / active EE

$2,976

$2,751+8.2%

$3,783-21.3%

$2,440+22.0%

Participant deferral / active EE

$3,902

$4,570-14.6%

$5,985-34.8%

$3,608+8.1%

Admin fee / account holder

$217

$4,895-95.6%

$6,260-96.5%

$5,124-95.8%

Provider

Service type

Compensation

SF FISER & COMPANY5+ years

Service code 10 · EIN 71-0749699

Accounting

$13,336

FRIDAY ELDREDGE & CLARK1 year

Filed as: FRIDAY, ELDREDGE & CLARK

Service code 29 · EIN 71-0253637

Legal

$6,017

FIRST NATIONAL BANK OF NORTH ARKANSAS EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST NATIONAL BANK OF NORTH ARKANSAS EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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