First Step, Inc.401(k)
FIRST STEP 401(K) RETIREMENT SAVINGS PLAN & TRUST · HOT SPRINGS, AR · plan year 2025
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
First Step, Inc. reported $66,246 in plan administrative expenses for 2025: 0.44% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,071 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 0.61% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 176th-largest of 456 plans among Arkansas employers on file, and the 4,251st of 11,911 in health care & social assistance. In 2025, employees put in $1.39 for every $1.00 the employer contributed.
First Step, Inc.'s 2025 employer contribution ran below the $2,666 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 710307372 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.