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FIRST NATIONAL BANK & TRUST RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameFIRST NATIONAL BANK & TRUST RETIREMENT SAVINGS PLAN
Plan identification number 001

FIRST NATIONAL BANK & TRUST RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

THE FIRST NATIONAL BANK & TRUST COMPANY OF IRON MOUNTAIN has sponsored the creation of one or more 401k plans.

Company Name:THE FIRST NATIONAL BANK & TRUST COMPANY OF IRON MOUNTAIN
Employer identification number (EIN):380680825
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST NATIONAL BANK & TRUST RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JAMES MOLN2024-04-24 JAMES MOLN2024-04-24
0012022-01-01JAMES MOLN2023-05-23 JAMES MOLN2023-05-23
0012021-01-01JAMES MOLN2022-05-17 JAMES MOLN2022-05-17
0012020-01-01JAMES MOLN2021-05-04
0012019-01-01JAMES MOLN2020-05-15
0012018-01-01JAMES MOLN2019-05-16
0012017-01-01JAMES MOLN2018-05-30
0012016-01-01JAMES MOLN2017-05-09
0012015-01-01JAMES MOLN2016-04-28
0012014-01-01JAMES H. MOLN2015-05-15
0012013-01-01JAMES H MOLN2014-05-30
0012012-01-01JAMES H. MOLN2013-05-01
0012011-01-01JAMES MOLN2012-05-16 JAMES MOLN2012-05-16
0012010-01-01JAMES MOLN2011-06-01 JAMES MOLN2011-06-01

Financial Data on FIRST NATIONAL BANK & TRUST RETIREMENT SAVINGS PLAN

Measure Date Value
2025 : FIRST NATIONAL BANK & TRUST RETIREMENT SAVINGS PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-04-250
Total expenses incurred by plan in this plan year2025-04-25841026
Net assets as of the end of the plan year2025-04-2514059287
Total assets as of the beginning of the plan year2025-04-2512819081
Value of plan covered by a fidelity bond2025-04-254000000
Participant contributions to plan in this plan year2025-04-25375867
Value of participant loans at end of plan year2025-04-2551007
Other contributions to plan in this plan year2025-04-251678
Other income to plan in this plan year2025-04-251448636
Plan net income in this plan year2025-04-251240206
Net assets as of the end of the plan year2025-04-2514059287
Net assets as of the beginning of the plan year2025-04-2512819081
Employer contributions to plan in this plan year2025-04-25255051
Expensese paid to adminstrative service provicers from plan in this plan year2025-04-2513609
2024 : FIRST NATIONAL BANK & TRUST RETIREMENT SAVINGS PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-04-240
Total expenses incurred by plan in this plan year2024-04-24872727
Net assets as of the end of the plan year2024-04-2412819081
Total assets as of the beginning of the plan year2024-04-2411408131
Value of plan covered by a fidelity bond2024-04-242800000
Participant contributions to plan in this plan year2024-04-24437219
Value of participant loans at end of plan year2024-04-2466264
Other contributions to plan in this plan year2024-04-2411581
Other income to plan in this plan year2024-04-241570913
Plan net income in this plan year2024-04-241410950
Net assets as of the end of the plan year2024-04-2412819081
Net assets as of the beginning of the plan year2024-04-2411408131
Employer contributions to plan in this plan year2024-04-24263964
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-2412701
2022 : FIRST NATIONAL BANK & TRUST RETIREMENT SAVINGS PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-05-170
Total expenses incurred by plan in this plan year2022-05-17677946
Net assets as of the end of the plan year2022-05-1712948795
Total assets as of the beginning of the plan year2022-05-1711480122
Value of plan covered by a fidelity bond2022-05-172800000
Participant contributions to plan in this plan year2022-05-17373236
Value of participant loans at end of plan year2022-05-1769229
Other contributions to plan in this plan year2022-05-17135809
Other income to plan in this plan year2022-05-171366180
Plan net income in this plan year2022-05-171468673
Net assets as of the end of the plan year2022-05-1712948795
Net assets as of the beginning of the plan year2022-05-1711480122
Employer contributions to plan in this plan year2022-05-17271394
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-1712596

Potentially related plans

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