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FIRST FEDERAL SAVINGS BANK 401(K) SALARY REDUCTION PLAN & TRUST 401k Plan overview

Plan NameFIRST FEDERAL SAVINGS BANK 401(K) SALARY REDUCTION PLAN & TRUST
Plan identification number 002

FIRST FEDERAL SAVINGS BANK 401(K) SALARY REDUCTION PLAN & TRUST 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

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

Company Name:FIRST FEDERAL SAVINGS BANK
Employer identification number (EIN):830117790
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST FEDERAL SAVINGS BANK 401(K) SALARY REDUCTION PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01KAY D ROUSH2018-06-20 KAY D ROUSH2018-06-20
0022016-01-01JENNIFER ROE2017-05-17 JENNIFER ROE2017-05-17
0022014-01-01CATHY FORTIER2015-06-18 CATHY FORTIER2015-06-18
0022013-01-01CATHY FORTIER2014-06-12
0022012-01-01CATHY FORTIER2013-07-02
0022011-01-01CATHY FORTIER2012-06-27
0022010-01-01CATHY FORTIER2011-05-20

Plan Statistics for FIRST FEDERAL SAVINGS BANK 401(K) SALARY REDUCTION PLAN & TRUST

401k plan membership statisitcs for FIRST FEDERAL SAVINGS BANK 401(K) SALARY REDUCTION PLAN & TRUST

Measure Date Value
2025: FIRST FEDERAL SAVINGS BANK 401(K) SALARY REDUCTION PLAN & TRUST 2025 401k membership
Total number of particpants at beginning of year2025-10-1195
Total number of particpants at end of year2025-10-11105
Number of Participants With Account Balances2025-10-11105
2024: FIRST FEDERAL SAVINGS BANK 401(K) SALARY REDUCTION PLAN & TRUST 2024 401k membership
Total number of particpants at beginning of year2024-10-14112
Total number of particpants at end of year2024-10-1490
Number of Participants With Account Balances2024-10-1490

Financial Data on FIRST FEDERAL SAVINGS BANK 401(K) SALARY REDUCTION PLAN & TRUST

Measure Date Value
2025 : FIRST FEDERAL SAVINGS BANK 401(K) SALARY REDUCTION PLAN & TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-11564554
Net assets as of the end of the plan year2025-10-1116927467
Total assets as of the beginning of the plan year2025-10-1114010154
Value of plan covered by a fidelity bond2025-10-113000000
Participant contributions to plan in this plan year2025-10-11464998
Value of participant loans at end of plan year2025-10-1175175
Other contributions to plan in this plan year2025-10-11103721
Other income to plan in this plan year2025-10-112121800
Plan net income in this plan year2025-10-112917313
Net assets as of the end of the plan year2025-10-1116927467
Net assets as of the beginning of the plan year2025-10-1114010154
Employer contributions to plan in this plan year2025-10-11791348
Fees paid to broker by Benefit Provider2025-10-119500
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-1147962
2024 : FIRST FEDERAL SAVINGS BANK 401(K) SALARY REDUCTION PLAN & TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-142284867
Net assets as of the end of the plan year2024-10-1414010154
Total assets as of the beginning of the plan year2024-10-1412796176
Value of plan covered by a fidelity bond2024-10-14500000
Participant contributions to plan in this plan year2024-10-14492004
Value of participant loans at end of plan year2024-10-1486187
Other contributions to plan in this plan year2024-10-145520
Other income to plan in this plan year2024-10-142199742
Plan net income in this plan year2024-10-141213978
Net assets as of the end of the plan year2024-10-1414010154
Net assets as of the beginning of the plan year2024-10-1412796176
Employer contributions to plan in this plan year2024-10-14801579
Fees paid to broker by Benefit Provider2024-10-148658
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-1442809

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