Plan Ledger DOL Form 5500 · updated monthly

First Savings Bank401(k)

FIRST SAVINGS BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN · JEFFERSONVILLE, IN · plan year 2025

Reported admin expense ratio · 2025
0.39%

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

First Savings Bank reported $169,364 in plan administrative expenses for 2025: 0.39% of average plan assets, above the peer median. Employer contributions averaged $4,408 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 fell from 0.55% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 307th-largest of 1,562 plans among Indiana employers on file, and the 1,775th of 4,798 in finance & insurance. In 2025, employees put in $1.76 for every $1.00 the employer contributed; active participation has shrunk from 418 to 254 since 2022.

Plan summary
Net assets, end of year$46,016,880
Participants with balances379
Active participants254
Employer contributions$1,119,534
Employee contributions$1,967,659
Employer contribution per active participant$4,408
Average account balance$121,417
Benefits paid to participants$4,050,385
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$46.0M · 379 accts · $1.1M emplr
2024$40.0M · 399 accts · $963K emplr
2023$35.1M · 535 accts · $1.2M emplr
2022$31.3M · 656 accts · $1.4M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$169,364
Total administrative$169,364
The First Savings Bank 401(k) match · 2025
Employer contribution per active participant$4,408
Median for plans this size$2,666
2025$4,408 per active participant
2024$3,807 per active participant
2023$4,163 per active participant
2022$3,323 per active participant

First Savings Bank's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PENTEGRA RETIREMENT SERVICES · Contract administrator$89,032

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

Administrative cost history4
2025$169,364 · 0.39%
2024$136,432 · 0.36%
2023$212,120 · 0.64%
2022$189,764 · 0.55%
Same employer
Similar plansFinance & Insurance · Indiana
Pedcor Management Corp. IN$49.8M · 0.33%
Gregory & Appel Inc. IN$49.7M · 0.00%
Merchants Bancorp IN$45.8M · 0.42%
Purdue Federal Credit Union IN$43.3M · 0.20%
Mj Insurance Inc. IN$41.9M · 0.05%
Old National Bank IN$40.2M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350309764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.