Plan Ledger DOL Form 5500 · updated monthly

First Financial Bank401(k) + ESOP (KSOP)

FIRST FINANCIAL BANK 401(K) PROFIT SHARING AND EMPLOYEE STOCK OWNERSHIP SAVINGS PLAN · EL DORADO, AR · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

First Financial Bank reported $124,368 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $4,056 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 2 years on file its reported administrative ratio fell from 0.30% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 68th-largest of 456 plans among Arkansas employers on file, and the 1,495th of 4,798 in finance & insurance. In 2024, the employer put in $1.12 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$58,522,607
Participants with balances298
Active participants302
Employer contributions$1,225,000
Employee contributions$1,089,394
Employer contribution per active participant$4,056
Average account balance$196,385
Benefits paid to participants$3,147,068
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.5M · 298 accts · $1.2M emplr
2023$51.1M · 321 accts · $1.2M emplr
2022$50.7M · 335 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,368
Total administrative$124,368
The First Financial Bank 401(k) match · 2024
Employer contribution per active participant$4,056
Median for plans this size$3,635
2024$4,056 per active participant
2023$3,810 per active participant
2022$3,664 per active participant

First Financial Bank's 2024 employer contribution ran above the $3,635 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 · 20244
FORV/S · Accounting / audit$29,715
MERCER CAPITAL · Valuation$26,935
CLEARBROOK INVESTMENT · Investment management$12,500

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

Administrative cost history3
2024$124,368 · 0.23%
2023$96,208 · 0.19%
2022$164,819 · 0.30%
Same employer
Similar plansFinance & Insurance · Arkansas
Home Bancshares, Inc. AR$172.2M · 0.09%
First Security Bancorp AR$84.0M · 0.01%
First Bank Corp AR$74.8M · 0.23%
Southern Bancorp, Inc. AR$53.9M · 0.29%
Crews & Associates Inc. AR$47.8M · 0.27%
Bank of England AR$41.4M · 0.52%
The Stephens Group, LLC AR$33.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710056740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.