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FIRST FINANCIAL 401(K) PLAN 401k Plan overview

Plan NameFIRST FINANCIAL 401(K) PLAN
Plan identification number 001

FIRST FINANCIAL 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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 FINANCIAL EQUITY LENDERS CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:FIRST FINANCIAL EQUITY LENDERS CORPORATION
Employer identification number (EIN):880318416
NAIC Classification:523900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST FINANCIAL 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01DAVID MCQUADE2023-07-17
0012021-01-01DAVID MCQUADE2022-07-19
0012020-01-01DAVID MCQUADE2021-09-30
0012019-01-01DAVID MCQUADE2020-10-13
0012018-01-01DAVID MCQUADE2019-10-11
0012017-01-01DAVID MCQUADE2018-09-24
0012016-01-01DAVID MCQUADE2017-10-05

Financial Data on FIRST FINANCIAL 401(K) PLAN

Measure Date Value
2025 : FIRST FINANCIAL 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-05-060
Total liabilities as of the beginning of the plan year2025-05-060
Total expenses incurred by plan in this plan year2025-05-0623762
Net assets as of the end of the plan year2025-05-06506502
Total assets as of the beginning of the plan year2025-05-06430536
Value of plan covered by a fidelity bond2025-05-0645000
Participant contributions to plan in this plan year2025-05-0630500
Value of participant loans at end of plan year2025-05-068158
Other contributions to plan in this plan year2025-05-060
Other income to plan in this plan year2025-05-0660228
Plan net income in this plan year2025-05-0675966
Net assets as of the end of the plan year2025-05-06506502
Net assets as of the beginning of the plan year2025-05-06430536
Employer contributions to plan in this plan year2025-05-069000
Fees paid to broker by Benefit Provider2025-05-06334
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-063418
2024 : FIRST FINANCIAL 401(K) PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-10-070
Total liabilities as of the beginning of the plan year2024-10-070
Total expenses incurred by plan in this plan year2024-10-0735454
Net assets as of the end of the plan year2024-10-07430536
Total assets as of the beginning of the plan year2024-10-07366147
Value of plan covered by a fidelity bond2024-10-0745000
Participant contributions to plan in this plan year2024-10-0730000
Value of participant loans at end of plan year2024-10-0729294
Other contributions to plan in this plan year2024-10-0788
Other income to plan in this plan year2024-10-0760467
Plan net income in this plan year2024-10-0764389
Net assets as of the end of the plan year2024-10-07430536
Net assets as of the beginning of the plan year2024-10-07366147
Employer contributions to plan in this plan year2024-10-079288
Fees paid to broker by Benefit Provider2024-10-07305
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-072642

Potentially related plans

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