401(k)
2024 plan-year 401(k) DOL Form 5500

First Step 401(k) Retirement Savings Plan & Trust

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by First Step, Inc. · Arkansas · Healthcare & Social Assistance

What the 2023 filing shows

First Step 401(k) Retirement Savings Plan & Trust holds $14M for 597 participants — about $23,721 per participant, down 2.1% over the 2024 plan year.

$14M
total plan assets (2024 EOY)
597
covered participants
$23,721
avg assets per participant
-2.1%
assets change YoY

The plan reported a net loss of $303K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$14M
Participants
597
State
Industry
Healthcare & Social Assistance

What the Filing Says About First Step 401(k) Retirement Savings Plan & Trust

First Step 401(k) Retirement Savings Plan & Trust is a 401(k) retirement plan sponsored by First Step, Inc., headquartered in Arkansas. As of the 2024 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 597 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 710307372, and the plan has been effective since 2000-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $14M at the beginning of 2024 to $14M at year-end — a decline of 2.1%. Net assets (after liabilities) closed the year at $14M, with reported net income of $-303,018 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$14M
Total Assets (End of Year)$14M
Net Assets (End of Year)$14M
Net Income$-303,018
Plan Type401(k)
Employer EIN710307372
Plan Effective Date2000-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Step, Inc.)

Year Plans Participants Total Assets
2022 1 611 $13M
2023 1 619 $14M
2024 1 597 $14M

Nearby 401(k) Plans in Arkansas

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the First Step 401(k) Retirement Savings Plan & Trust?
As of the 2024 Form 5500 filing, First Step 401(k) Retirement Savings Plan & Trust holds $14M in total assets with 597 participants. It is sponsored by First Step, Inc..
What type of plan is First Step 401(k) Retirement Savings Plan & Trust?
First Step 401(k) Retirement Savings Plan & Trust is a 401(k) plan. It has been effective since 2000-07-01. The plan is filed with the U.S. Department of Labor under EIN 710307372.
Who sponsors the First Step 401(k) Retirement Savings Plan & Trust?
First Step 401(k) Retirement Savings Plan & Trust is sponsored by First Step, Inc., located in Arkansas. The sponsor's EIN is 710307372 and the plan operates in the Healthcare & Social Assistance industry.
How did First Step 401(k) Retirement Savings Plan & Trust perform in 2024?
First Step 401(k) Retirement Savings Plan & Trust declined by 2.1% during 2024, moving from $14M to $14M in total assets. Net income was $-303,018.
Where can I find official filings for First Step 401(k) Retirement Savings Plan & Trust?
Official Form 5500 filings for First Step 401(k) Retirement Savings Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 710307372 or plan name at efast.dol.gov.
How does First Step 401(k) Retirement Savings Plan & Trust compare to other plans?
You can compare First Step 401(k) Retirement Savings Plan & Trust against other 401(k) plans on the plan type page, or view plans in Arkansas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 710307372.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.