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FIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameFIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN
Plan identification number 001

FIRST HERITAGE BANK 401(K) PROFIT SHARING 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

FIRST HERITAGE BANK has sponsored the creation of one or more 401k plans.

Company Name:FIRST HERITAGE BANK
Employer identification number (EIN):480221210
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01RAY WYNANT2014-08-28 RAY WYNANT2014-08-28
0012012-01-01RAY WYNANT
0012011-01-01MATTHEW C. BACHMAN
0012010-01-01MATTHEW C. BACHMAN2011-06-27

Financial Data on FIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : FIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-171791410
Net assets as of the end of the plan year2025-06-175212301
Total assets as of the beginning of the plan year2025-06-176073766
Value of plan covered by a fidelity bond2025-06-173000000
Participant contributions to plan in this plan year2025-06-17223127
Value of participant loans at end of plan year2025-06-173328
Other expenses paid from plan in this plan year2025-06-1728012
Other income to plan in this plan year2025-06-17610553
Plan net income in this plan year2025-06-17-861465
Net assets as of the end of the plan year2025-06-175212301
Net assets as of the beginning of the plan year2025-06-176073766
Employer contributions to plan in this plan year2025-06-1796265
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-170
2024 : FIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-2237393
Net assets as of the end of the plan year2024-04-226073766
Total assets as of the beginning of the plan year2024-04-225114700
Value of plan covered by a fidelity bond2024-04-223000000
Participant contributions to plan in this plan year2024-04-22219865
Other expenses paid from plan in this plan year2024-04-2219495
Other income to plan in this plan year2024-04-22680936
Plan net income in this plan year2024-04-22959066
Net assets as of the end of the plan year2024-04-226073766
Net assets as of the beginning of the plan year2024-04-225114700
Employer contributions to plan in this plan year2024-04-2295658
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-220
2022 : FIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-03-15171824
Net assets as of the end of the plan year2022-03-156810582
Total assets as of the beginning of the plan year2022-03-156175635
Value of plan covered by a fidelity bond2022-03-153000000
Participant contributions to plan in this plan year2022-03-15246383
Other expenses paid from plan in this plan year2022-03-154810
Other income to plan in this plan year2022-03-15466015
Plan net income in this plan year2022-03-15634947
Net assets as of the end of the plan year2022-03-156810582
Net assets as of the beginning of the plan year2022-03-156175635
Employer contributions to plan in this plan year2022-03-1594373
2012 : FIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$45,898
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$497,921
Expenses. Total of all expenses incurred2012-12-31$15,981
Benefits paid (including direct rollovers)2012-12-31$6,800
Total plan assets at end of year2012-12-31$5,764,256
Total plan assets at beginning of year2012-12-31$5,328,484
Value of fidelity bond covering the plan2012-12-31$2,275,000
Total contributions received or receivable from participants2012-12-31$130,632
Contributions received from other sources (not participants or employers)2012-12-31$2,819
Other income received2012-12-31$308,263
Net income (gross income less expenses)2012-12-31$481,940
Net plan assets at end of year (total assets less liabilities)2012-12-31$5,764,256
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$5,328,484
Assets. Value of employer securities2012-12-31$0
Total contributions received or receivable from employer(s)2012-12-31$56,207
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$9,181
2011 : FIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$192,243
Expenses. Total of all expenses incurred2011-12-31$12,047
Benefits paid (including direct rollovers)2011-12-31$12,047
Total plan assets at end of year2011-12-31$5,328,484
Total plan assets at beginning of year2011-12-31$5,148,288
Value of fidelity bond covering the plan2011-12-31$2,275,000
Total contributions received or receivable from participants2011-12-31$139,055
Other income received2011-12-31$-6,038
Net income (gross income less expenses)2011-12-31$180,196
Net plan assets at end of year (total assets less liabilities)2011-12-31$5,328,484
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$5,148,288
Assets. Value of employer securities2011-12-31$1,750,071
Total contributions received or receivable from employer(s)2011-12-31$59,226

Form 5500 Responses for FIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN

2012: FIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: FIRST HERITAGE BANK 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entityMulitple employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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