Retirement plan

RETIREMENT PLAN FOR EMPLOYEES OF FIRST NATIONAL BANK OF ARDMORE

Name: FIRST NATIONAL BANK AND TRUST COMPANY - RETIREMENT PLAN FOR EMPLOYEES OF FIRST NATIONAL BANK OF ARDMORE (2017) Form 5500
Creator: FIRST NATIONAL BANK AND TRUST COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETIREMENT PLAN FOR EMPLOYEES OF FIRST NATIONAL BANK OF ARDMORE, FIRST NATIONAL BANK AND TRUST COMPANY

FIRST NATIONAL BANK AND TRUST COMPANYEIN 73-0130930Plan #001PY 2017

405 WEST MAIN STREET - ARDMORE, OK 73401580-223-1111LinkedIn51-200 employeesbanking

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed March 19, 1998 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$23.7M

+18.9% from 2016

Total participants

176

+7.3% from 2016

Average account balance

No prior year

Annual return

14.96%

+6.93 pp from 2016

Benchmarks

See 8 peers

Peer group

Industryany (size+type match)

Plan typeDB + DC

Participants100-249

Cohort8 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$30.82M

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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.

114

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$652K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.74%

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 2 by compensation

Provider	Service type	Compensation
DEAN ACTUARIES, LLC3+ years Service code 11 · EIN 75-2548006	Actuarial	$32,240
FINLEY & COOK2 years Service code 10 · EIN 73-0604334	Accounting	$12,900

Enrolled actuary

1 attachment

See 1 actuary disclosure. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Plan features & details

Pension benefit codes1A1F2E2G2J2K2S2T1C

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
1F
Section 414(k) arrangement
Benefits are based partly on the balance of the separate account of the participant. Must also include appropriate defined contribution pension feature codes.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$123K

$1013 / participant

Investment mgmt$63K51.6%
Other / not subdivided$59K48.4%

% of EOY assets

0.516%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: FINLEY & COOK
Auditor EIN: 730604334
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$420,196-100.0%

Participation rate

0.0%

0.0%0pp

100.0%-100.0pp

0.0%0pp

Annual return

14.96%

11.65%+3.3pp

9.58%+5.4pp

11.65%+3.3pp

Employer contribution / active EE

$8,362

$12,483-33.0%

$15,604-46.4%

$12,483-33.0%

Participant deferral / active EE

$208-100.0%

$7,731-100.0%

$208-100.0%

Admin fee / account holder

$3,510-100.0%

Provider

Service type

Compensation

DEAN ACTUARIES, LLC3+ years

Service code 11 · EIN 75-2548006

Actuarial

$32,240

FINLEY & COOK2 years

Service code 10 · EIN 73-0604334

Accounting

$12,900

RETIREMENT PLAN FOR EMPLOYEES OF FIRST NATIONAL BANK OF ARDMORE

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETIREMENT PLAN FOR EMPLOYEES OF FIRST NATIONAL BANK OF ARDMORE

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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