First American Bank Corporation 401(k) Plan: Login, Facts & Contact Information

First American Bank Corporation 401(k) Plan Facts

Plan name
FIRST AMERICAN BANK CORPORATION PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FIRST AMERICAN BANK CORPORATION
Participants
1,134 (879 active employees)
Former employees with a balance
231
Plan assets
$197,792,566 at Dec 31, 2024
Average account balance
$179,648 across 1,101 accounts
Employer contributions
$2,109,843 in plan year 2024 (22% of all contributions)
Recordkeeper
First American Bank
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1986
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $9.66 million went into the plan in contributions, $2.11 million of it from the employer (22%).
  • $13.3 million was paid out to participants.
  • Investment and other income added $29.2 million.
  • Administrative expenses were $6,504, about $6 per account.

How the First American Bank Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019843$127.6 million$1.29 million$4.61 million
2020981$152.4 million$1.59 million$5.92 million
20211,032$180.3 million$1.68 million$6.85 million
20221,076$146.0 million$1.73 million$11.8 million
20231,109$172.3 million$1.95 million$8.72 million
20241,134$197.8 million$2.11 million$13.3 million

First American Bank Corporation 401(k) Contact Information

Phone
847-426-6771
Mailing address
700 BUSSE ROAD, ELK GROVE VILLAGE IL 600072137
Plan sponsor
FIRST AMERICAN BANK CORPORATION
Employer identification number (EIN)
36-2782306
Plan number
001

Questions about the First American Bank Corporation 401(k)

Does First American Bank Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.11 million, 22% of all contributions.

Does the First American Bank Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the First American Bank Corporation 401(k) plan?

1,134 participants at the start of plan year 2024, 879 of them active employees, and 231 former employees who still had money in the plan.

What is the average 401(k) balance at First American Bank Corporation?

About $179,648 per account: $197.8 million in plan assets across 1,101 accounts with a balance at the end of plan year 2024.

Who manages the First American Bank Corporation 401(k) accounts?

FIRST AMERICAN BANK is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at First American Bank Corporation. How do I access my 401(k)?

Your account stays with FIRST AMERICAN BANK after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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