How big is First Step, Inc.'s plan?

First Step, Inc.'s plan reported $14.2M in assets and 563 participants for 2024.

Original filing (PDF)20251009100702NAL0006806097001

First Step, Inc.

Name: First Step, Inc. — First Step 401(k) Retirement, Form 5500 (2024)
Creator: First Step, Inc.
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

First Step 401(k) Retirement Savings Plan & Trust

401(k) retirement plan · First Step, Inc.'s First Step 401(k) Retirement Savings Plan & Trust held $14.2M in plan assets for 563 participants in 2024, with Empower as recordkeeper.

Signals · 1

Corrective distributions issued

Active participants

563

Accounts w/ balance

392

Plan assets (EOY)

$14.2M

Net assets (EOY)

$14.2M

People on this filing

Christopher Smith signed First Step, Inc.'s 2024 Form 5500 as plan administrator.

Christopher Smith — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

First Step, Inc.'s EIN is 71-0307372.

EIN 71-0307372

Plan number 001

Plan year 2024

ACK ID 20251009100702NAL0006806097001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for First Step, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

First Step, Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

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How this plan invests

This plan

10 pooled trusts

Schedule D

18 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Corrective distributions issued (likely failed ADP/ACP testing).
Total administrative cost in the bottom quartile of peers (9th percentile).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (11th percentile).

Plan sponsor

Name

FIRST STEP, INC.

EIN

all filings

Address

407 CARSON STREET · HOT SPRINGS, AR · 71914

Phone

(501) 620-5588

Industry

Health Care & Social Assistance

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-09

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Service providers (Schedule C)

3 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ANNUITY INSURANCE COMPANY O	—	GREENWOOD VILLAGE, CO	RECORDKEEPER	$87K	—
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$8K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
PRIME CAPITAL INVESTMENT ADVISORS L

Investments

18 direct securities · 10 pooled funds· $14.2M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Other securities

$5.0M

5 holdings

Mutual Funds

$3.7M

11 holdings

Pooled Separate Account

$2.2M

2 holdings

Common Collective Trusts

$1.9M

1 holding

Common Collective Trust

$890K

8 holdings

Bonds / Notes

$398K

1 holding

					% of plan
Unallocated insurance contract Empower EI Fixed Account - Series Class II	Other securities	—	—	$2.6M	18.4%
Fidelity Management Trust Co. 500 Index	Common Collective Trusts	—	—	$1.9M	13.7%
CORE PLUS BOND / PGIM FUND EMPOWER ANNUITY INSURANCE COMPANY · EIN 06-1050034 / PN 299	Pooled Separate Account	—	—	$1.7M	12.0%
Blackrock Ishares Msci Eafe International Index K	Other securities	—	—	$1.5M	10.3%
PUTNAM LARGE CAP VALUE TRUST II CLA GREAT GRAY · EIN 86-1899009 / PN 676	Common Collective Trust	—	—	$888K	6.3%
Fidelity Management Trust Co. Freedom Index 2050 Instl Prem	Mutual Funds	—	—	$770K	5.4%
Blackrock Strategic Global Bond K	Other securities	—	—	$729K	5.1%
s * Fidelity Management Trust Co. Mid Cap Index	Mutual Funds	—	—	$693K	4.9%
LARGE CAP GROWTH / JP MORGAN INVST EMPOWER ANNUITY INSURANCE COMPANY · EIN 06-1050034 / PN 141	Pooled Separate Account	—	—	$524K	3.7%
HFR Holdings Janus Henderson Global Equity Income N	Mutual Funds	—	—	$516K	3.6%
Participant loans Notes receivable from participants (4.00%)	Bonds / Notes	—	—	$398K	2.8%
MFS International Growth R6	Mutual Funds	—	—	$362K	2.6%
Fidelity Management Trust Co. Freedom Index 2055 Instl Prem	Mutual Funds	—	—	$319K	2.3%
Fidelity Management Trust Co. Small Cap Index	Mutual Funds	—	—	$285K	2.0%
Fidelity Management Trust Co. Freedom Index 2025 Instl Prem 70 * Fidelity Management Trust Co. Freedom Index 2035 Instl Prem 70 * Fidelity Management Trust Co. Freedom Index 2045 Instl Prem	Mutual Funds	—	—	$263K	1.9%
MFS Mid Cap Value R6	Mutual Funds	—	—	$211K	1.5%
J.P. Morgan Mid Cap Growth R6	Other securities	—	—	$153K	1.1%
Invesco Small Cap Value R6	Mutual Funds	—	—	$153K	1.1%
Fidelity Management Trust Co. Freedom Index 2060 Instl Prem	Mutual Funds	—	—	$93K	0.7%
American Century Small Cap Growth R6	Other securities	—	—	$64K	0.4%
Fidelity Management Trust Co. Freedom Index 2065 Instl Prem	Mutual Funds	—	—	$40K	0.3%
FIDELITY MANAGED INCOME PORTFOLIO F FIDELITY COMMINGLED POOL · EIN 90-0337987 / PN 001	Common Collective Trust	—	—	$1K	<0.1%
FIT CONSERVATIVE B COMERICA BANK & TRUST · EIN 47-6658632 / PN 001	Common Collective Trust	—	—	$0	<0.1%
FIT BALANCED B COMERICA BANK & TRUST · EIN 47-6652256 / PN 001	Common Collective Trust	—	—	$0	<0.1%
FIT AGGRESSIVE B COMERICA BANK & TRUST · EIN 47-6646422 / PN 001	Common Collective Trust	—	—	$0	<0.1%
FIT MOD CONSRV B COMERICA BANK & TRUST · EIN 47-6655437 / PN 001	Common Collective Trust	—	—	$0	<0.1%
MIP CL 1 FIDELITY MANAGEMENT TRUST COMPANY · EIN 04-3022712 / PN 024	Common Collective Trust	—	—	$0	<0.1%
FIT GROWTH B COMERICA BANK & TRUST · EIN 47-6649174 / PN 001	Common Collective Trust	—	—	$0	<0.1%