Plan Ledger DOL Form 5500 · updated monthly

First National Bank of Eastern Arkansas401(k)

FIRST NATIONAL BANK OF EASTERN ARKANSAS PROFIT SHARING PLAN · FOREST CITY, AR · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

First National Bank of Eastern Arkansas reported $80,201 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $7,497 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 0.42%. 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 157th-largest of 456 plans among Arkansas employers on file, and 3,124th of 4,798 in finance & insurance. In 2024, the employer put in $5.31 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$19,368,543
Participants with balances155
Active participants90
Employer contributions$674,728
Employee contributions$127,004
Employer contribution per active participant$7,497
Average account balance$124,958
Benefits paid to participants$1,988,121
Plan auditUnmodified (clean) audit opinion
AuditorERWIN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 155 accts · $675K emplr
2023$18.9M · 149 accts · $672K emplr
2022$16.8M · 146 accts · $535K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,500
Investment management$73,319
Total administrative$80,201
The First National Bank of Eastern Arkansas 401(k) match · 2024
Employer contribution per active participant$7,497
Median for plans this size$2,416
2024$7,497 per active participant
2023$7,554 per active participant
2022$5,627 per active participant

First National Bank of Eastern Arkansas's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
BURLEIGH CONSULTING GROUP, INC. · Recordkeeping$6,500
DELTA ASSET MANAGEMENT, LLC$73,319

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

Recordkeeper by year2
2024BURLEIGH CONSULTING GROUP, INC.
2023BURLEIGH CONSULTING GROUP, INC.

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

Administrative cost history3
2024$80,201 · 0.42%
2023$75,379 · 0.42%
2022$78,164 · 0.41%
All plans at this employer2
FIRST NATIONAL BANK OF EASTERN ARKANSAS PROFIT SHARING PLAN401(k)
FIRST NATIONAL BANK OF EASTERN ARKANSAS EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansFinance & Insurance · Arkansas
Relyance Bank AR$20.1M · 0.35%
Chambers Bancshares, Inc. AR$19.8M · 0.06%
The Citizens Bank AR$16.2M · 0.63%
Encore Bank AR$14.7M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710128070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.