Plan Ledger DOL Form 5500 · updated monthly

First Community Bank401(k)

FIRST COMMUNITY BANK 401(K) PLAN · BATESVILLE, AR · plan year 2024

Reported admin expense ratio · 2024
1.09%

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

First Community Bank reported $269,306 in plan administrative expenses for 2024: 1.09% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,246 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 1.09%. 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 121st-largest of 456 plans among Arkansas employers on file, and 2,571st of 4,798 in finance & insurance. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,094,376
Participants with balances712
Active participants533
Employer contributions$1,197,197
Employee contributions$1,801,646
Employer contribution per active participant$2,246
Average account balance$38,054
Benefits paid to participants$1,587,026
Plan auditUnmodified (clean) audit opinion
AuditorWELCH, COUCH & COMPANY, PA
Plan history3
Yearassets · accounts · employer contribution
2024$27.1M · 712 accts · $1.2M emplr
2023$22.4M · 676 accts · $1.1M emplr
2022$19.9M · 701 accts · $986K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$269,306
Total administrative$269,306
The First Community Bank 401(k) match · 2024
Employer contribution per active participant$2,246
Median for plans this size$2,416
2024$2,246 per active participant
2023$2,133 per active participant
2022$1,946 per active participant

First Community Bank'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
JOHN HANCOCK LIFE INSUR CO. (USA) · Recordkeeping · Investment management$6,754

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$269,306 · 1.09%
2023$227,799 · 1.08%
2022$222,066 · 1.04%
Similar plansFinance & Insurance · Arkansas
Bank of England AR$41.4M · 0.52%
The Stephens Group, LLC AR$33.0M · 0.04%
First Arkansas Bank & Trust AR$23.0M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 710799734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.