Plan Ledger DOL Form 5500 · updated monthly

First Bank & Trust Co401(k)

FIRST BANK & TRUST CO 401(K) RETIREMENT PLAN · DUNCAN, OK · plan year 2024

Reported admin expense ratio · 2024
0.25%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

First Bank & Trust Co reported $38,961 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,465 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 286th-largest of 724 plans among Oklahoma employers on file, and 3,332nd of 4,798 in finance & insurance. In 2024, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,738,698
Participants with balances215
Active participants180
Employer contributions$263,759
Employee contributions$681,615
Employer contribution per active participant$1,465
Average account balance$77,854
Benefits paid to participants$1,261,542
Plan auditUnmodified (clean) audit opinion
AuditorSMITH, CARNEY & CO. P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 215 accts · $264K emplr
2023$14.9M · 216 accts · $265K emplr
2022$12.2M · 212 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,961
Total administrative$38,961
The First Bank & Trust Co 401(k) match · 2024
Employer contribution per active participant$1,465
Median for plans this size$2,416
2024$1,465 per active participant
2023$1,479 per active participant
2022$1,438 per active participant

First Bank & Trust Co's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BENEFIT PLAN ADMIN SERVICES · Recordkeeping · Custodial (securities)$38,962

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BENEFIT PLAN ADMIN SERVICES
2023BENEFIT PLAN ADMIN SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,961 · 0.25%
2023$32,911 · 0.24%
2022$31,690 · 0.24%
Same employer
Similar plansFinance & Insurance · Oklahoma
Oklahoma's Credit Union OK$20.6M · 0.25%
Firstar Financial Corp. OK$18.9M · 0.07%
First Oklahoma Bank OK$17.8M · 0.56%
The Bank, N.A. OK$17.0M · 0.01%
Regent Bank OK$16.3M · 0.57%
Rich & Cartmill, Inc. OK$16.2M · 0.22%
Spirit Bankcorp, Inc. OK$13.7M · 0.11%
F & M Bancshares, Inc. OK$12.9M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731332958 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.