Retirement plan

FIRST NATIONAL BANKER'S BANKSHARES 401(K) PROFIT SHARING PLAN

Name: FIRST NATIONAL BANKER'S BANK - FIRST NATIONAL BANKER'S BANKSHARES 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: FIRST NATIONAL BANKER'S BANK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST NATIONAL BANKER'S BANKSHARES 401(K) PROFIT SHARING PLAN, FIRST NATIONAL BANKER'S BANK

FIRST NATIONAL BANKER'S BANKEIN 72-1025997Plan #001PY 2016

7813 OFFICE PARK BLVD. - BATON ROUGE, LA 70809225-231-5001

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$24.1M

+10.2% from 2015

Total participants

209

-2.3% from 2015

Average account balance

$120,035

+9.7% from 2015

Annual return

7.93%

+6.00 pp from 2015

Benchmarks

See 2,214 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,214 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.52M

Not enough data

1 years with asset history on file

Average account balance

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

$192K

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.

190

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.

88.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 2 by compensation

Provider	Service type	Compensation
FNBB CAPITAL MARKETS LLC1 year Service code 99 600 UNIVERSITY PARK PLACE STE 380 · BIRMINGHAM, AL 35209	Other Fees	$50,346
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$4,562

Plan features & details

Pension benefit codes2E2G2J2K2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$7K

$41 / participant

Contract admin$7K100.0%

% of EOY assets

0.029%

all-in expense ratio

Categories reported

1 / 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: POSTLETHWAITE & NETTERVILLE
Auditor EIN: 721202445
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,035

$74,089+62.0%

$133,975-10.4%

$55,167+117.6%

Participation rate

95.3%

84.3%+11.0pp

87.1%+8.2pp

69.0%+26.3pp

Annual return

7.93%

12.11%-4.2pp

29.29%-21.4pp

169.23%-161.3pp

Employer contribution / active EE

$2,284

$3,064-25.4%

$5,211-56.2%

$1,963+16.4%

Participant deferral / active EE

$8,616

$4,678+84.2%

$6,282+37.2%

$3,054+182.1%

Admin fee / account holder

$35

$458-92.3%

$9,324-99.6%

$504-93.0%

Provider

Service type

Compensation

FNBB CAPITAL MARKETS LLC1 year

Service code 99

600 UNIVERSITY PARK PLACE STE 380 · BIRMINGHAM, AL 35209

Other Fees

$50,346

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$4,562

FIRST NATIONAL BANKER'S BANKSHARES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST NATIONAL BANKER'S BANKSHARES 401(K) PROFIT SHARING 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