Employers › First Interstate Bancsystem
Recordkeeping fees per participant · First Interstate Bancsystem, Inc. 401(k) Plan · plan year 2024
$26.63
Higher than 23% of the 1,697 plans $250M to 1B that report it.
= $129,617 / 4,868
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010164544NAL0008032545001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010164544NAL0008032545001, received 2025-10-10
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-10.
Administrative expenses excluding investment management, per participant
$26.87
Higher than 14% of the 2,324 plans $250M to 1B that report it.
= $130,817 / 4,868
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010164544NAL0008032545001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010164544NAL0008032545001, received 2025-10-10
Administrative expenses per participant
$35.53
Higher than 13% of the 2,405 plans $250M to 1B that report it.
= $172,956 / 4,868
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010164544NAL0008032545001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010164544NAL0008032545001, received 2025-10-10
Administrative expenses as a share of assets
0.036%
Higher than 22% of the 2,407 plans $250M to 1B that report it.
= $172,956 / $481,734,557
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010164544NAL0008032545001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010164544NAL0008032545001, received 2025-10-10
Employer contributions per participant
$2,658
Higher than 41% of the 2,457 plans $250M to 1B that report it.
= $12,937,091 / 4,868
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010164544NAL0008032545001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010164544NAL0008032545001, received 2025-10-10
Employer share of total contributions
34.1%
Higher than 60% of the 2,459 plans $250M to 1B that report it.
= $12,937,091 / $37,924,312
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010164544NAL0008032545001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010164544NAL0008032545001, received 2025-10-10
Plan terms are described in First Interstate Bancsystem, Inc.'s SEC filings: Form 10-K filed 2026-02-26. No term could be quoted from them with the required precision.
2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 2E profit-sharing · 2F ERISA 404(c) plan · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010164544NAL0008032545001, received 2025-10-10
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FIRST INTERSTATE BANCSYSTEM, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Plan name | FIRST INTERSTATE BANCSYSTEM, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Sponsor EIN / plan number | 81-0331430 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Sponsor location | BILLINGS, MT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Participants, beginning of year | 5,188 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Active participants | 3,478 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Participants, end of year | 4,990 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Participants with an account balance | 4,868 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Total assets, beginning of year | $453,618,257 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Total assets, end of year | $481,734,557 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Net assets, end of year | $481,734,557 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Total income | $94,735,973 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Net income | $28,116,300 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Employer contributions | $12,937,091 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Participant contributions | $21,101,989 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $3,885,232 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Total contributions | $37,924,312 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Benefit payments | $66,444,767 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $66,619,673 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Total administrative expenses | $172,956 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Contract administrator fees | $1,200 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Recordkeeping fees | $129,617 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Investment advisory and management fees | $42,139 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Administrative expenses excluding investment management | $130,817 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Held in common/collective trusts | $263,793,786 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Held in mutual funds | $202,464,763 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010164544NAL0008032545001, received 2025-10-10 |
| Independent auditor | EIDE BAILLY LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010164544NAL0008032545001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010164544NAL0008032545001, received 2025-10-10.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $130,814 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $42,139 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251010164544NAL0008032545001, received 2025-10-10.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $453,618,257 | $481,734,557 | 6.2% |
| Participants with a balance | 5,103 | 4,868 | -4.6% |
| Administrative expenses | $169,400 | $172,956 | 2.1% |
| Recordkeeping fees per participant | $28.45 | $26.63 | -6.4% |
| Employer contributions | $12,616,713 | $12,937,091 | 2.5% |
Prior filing 20241015170217NAL0016929507001, received 2024-10-15; the plan years are contiguous.
Sponsor name as filed: FIRST INTERSTATE BANCSYSTEM, INC.; SEC registrant: FIRST INTERSTATE BANCSYSTEM INC (CIK 860413, matched by EIN; display name from the Form 10-K cover).