401(k) · DOL Form 5500 · 2022

First Community Bank 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
245
Participants Below avg headcount
80th
Percentile by assets National rank
$99,825
Avg per participant Below avg balance/head
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Official DOL plan name: First Community Bank 401(k) Plan · Sponsored by First Community Bank · South Carolina · Finance & Insurance

$24M in assets, 245 participants

First Community Bank's First Community Bank 401(k) Plan reported $24M in total assets and 245 participants in its 2022 DOL Form 5500 filing, ranking in the 80th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,318 in Finance & Insurance (9,261 peers)

Where First Community Bank 401(k) Plan sits by assets

First Community Bank 401(k) Plan sits in the top quartile of all filed plans by assets, $24M for 245 participants (~$99,825/participant), down 12.7% in 2022.

#6,318
in Finance & Insurance (9,261 peers)
-12.7%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Community Bank 401(k) Plan's outsized position by total assets

First Community Bank 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$24,457,084 Top 20% higher than 80% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

First Community Bank 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Community Bank 401(k) Plan sits mid-pack in the medium band (245 participants).

EBSA filing schedule strip

Filing strip 571030051 · First Community Bank PY 2022 · 401(k)

First Community Bank 401(k) Plan · $24M · 245 · 80th

  • RANK $24M
  • PHOTO 245
  • IND 80th
  • EOY 401(k)
  • 5500 near Kihomac, Inc 401(k) Plan
  • ASSETS ind #6318

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in South Carolina →

First Community Bank 401(k) Plan in the asset neighbourhood

Frankenmuth Credit Union 401(k) Retirement SavingsFrankenmuth Credit Union 401…$24MFirst Community Bank 401(k) PlanFirst Community Bank 401(k) …$24MKihomac, Inc 401(k) Plan$24MTarana Wireless, Inc. 401(k) PlanTarana Wireless, Inc. 401(k)…$24MTiger Global Management LLC 401(k) Profit Sharing Plan & TrustTiger Global Management LLC …$24M
End-of-year total assets ($M) among First Community Bank 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$24M
Net Income-$4M
Employer EIN571030051
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Community Bank)

Sponsor-wide plan assets over time

All First Community Bank plans reported in each filing year

Latest sponsor-wide plan assets
$37M 50.040646709967554% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $24.5M $36.7M ▲ +50.0%
Year Plans Participants Total Assets
2022 1 245 $24M
2023 1 262 $31M
2024 1 262 $37M

Nearby 401(k) Plans in South Carolina

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

First Community Bank 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants First Community Bank 401(k) Plan, Total assets ($B): 0.024457084 · Participants: 245First Community Bank 401(k) PlanMichelin 401(k) Savings Plan, Total assets ($B): 3.615828322 · Participants: 13708Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.219673264 · Participants: 7829The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.214442524 · Participants: 9714Sonoco Retirement & Savings PlanThe Milliken Retirement Plan, Total assets ($B): 1.154082573 · Participants: 6185The Milliken Retirement PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.085276125 · Participants: 11881Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
First Community Bank 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare First Community Bank 401(k) Plan side-by-side with 3 peers →

First Community Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Kihomac, Inc 401(k) Plan in VA ($24M); by covered participants it is Moyer & Son, Inc. 401(k) Plan in PA (245 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (245 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Community Bank 401(k) Plan assets move in 2022? ▼
First Community Bank 401(k) Plan pulled back noticeably - down 12.7% during 2022, from $28M to $24M. Reported net income was -$4M.
How have First Community Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Community Bank's sponsor-wide assets grew 50.0%, from $24M to $37M.
Where does First Community Bank 401(k) Plan rank by assets among Form 5500 filers? ▼
First Community Bank 401(k) Plan ranks in the 80th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to First Community Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kihomac, Inc 401(k) Plan in VA ($24M, 298 participants).
Which 401(k) plans cover a similar participant headcount to First Community Bank 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Moyer & Son, Inc. 401(k) Plan in PA (245 participants, $15M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 571030051.

Read our methodology - how this data is sourced, computed, and verified.

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