First International Bank & Trust 401(k) match, vesting and fees
What First International Bank & Trust's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Rsm US LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 658 defined-contribution plans in finance and insurance with 500 to 999 participants.
| First International Bank & Trust: employer contribution per participant | $3,555 | |
| Peer median | $2,935 |
| First International Bank & Trust: average balance | $127,794 | |
| Peer median | $92,585 |
| First International Bank & Trust: admin expenses ÷ assets | 0.06% | |
| Peer median | 0.15% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $88.1M at the end of plan year 2023 to $98.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 797 | $98.4M | $2.7M | $3,555 | 0.06% | Not published | Form 5500 ↗ |
| 2023 | 871 | $88.1M | $2.7M | $3,294 | 0.05% | Not published | Form 5500 ↗ |
Common questions
Does First International Bank & Trust match 401(k) contributions?
The match terms for the First International Bank & Trust 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $2.7M in employer contributions, about $3,555 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the First International Bank & Trust 401(k) match vested?
The vesting schedule for the First International Bank & Trust 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the First International Bank & Trust 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is First International Bank & Trust.
I left First International Bank & Trust. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (First International Bank & Trust, (701) 751-8529) or the recordkeeper, Empower Annuity Insurance Company O. The First International Bank & Trust old 401(k) page lists the contacts from every plan filing. Find an old First International Bank & Trust 401(k)
Data from the public Form 5500 annual reports First International Bank & Trust filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with First International Bank & Trust. Not financial advice. Report a correction · Methodology