401(k) · DOL Form 5500 · 2022

First Western Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
121
Participants Small participant base
73rd
Percentile by assets National rank
$124,418
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan · Sponsored by First Western Bancshares, Inc. · Arkansas · Finance & Insurance

$15M in assets, 121 participants

First Western Bancshares, Inc.'s First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan reported $15M in total assets and 121 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,330 in Finance & Insurance (9,261 peers)

Coverage in Arkansas

First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan covers 121 participants in Arkansas, about 4% of the average Arkansas filer (state average ~2,784 per filing). Assets: $15M.

#5,330
in Finance & Insurance (9,261 peers)
+4.5%
assets growth YoY

First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan's outsized position by total assets

First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan vs every filed plan by assets

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

$15,054,613 Top 27% higher than 73% 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 Western Bancshares, Inc. Employee Stock Ownership and 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 Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan sits mid-pack in the medium band (121 participants).

Plan-year Form 5500 strip

Filing strip 710605306 · First Western Bancshares, Inc. PY 2022 · 401(k)

First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan · $15M · 121 · 73rd

  • EOY $15M
  • 5500 121
  • ASSETS 73rd
  • PCT 401(k)
  • EIN near Strategic Materials Employee Retirement Plan
  • RANK ind #5330

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 Arkansas →

First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan in the asset neighbourhood

Meyer Sound Laboratories, Inc. 401(k) Profit Sharing PlanMeyer Sound Laboratories, In…$15MFirst Western Bancshares, Inc. Employee Stock Ownership and 401(k) PlanFirst Western Bancshares, In…$15MStrategic Materials Employee Retirement PlanStrategic Materials Employee…$15M401(k) Benefit Plan of a P R Consulting, Inc.401(k) Benefit Plan of a P R…$15MEast Bay Tire Co. 401(k) Profit Sharing PlanEast Bay Tire Co. 401(k) Pro…$15M
End-of-year total assets ($M) among First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Arkansas filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$653K
Employer EIN710605306
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Western Bancshares, Inc.)

Sponsor-wide plan assets over time

All First Western Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 23.392351566925036% vs 2022
2024 filing year
$14M$16M$18M$20M 202220232024 $15.1M $18.6M ▲ +23.5%
Year Plans Participants Total Assets
2022 1 121 $15M
2023 1 124 $17M
2024 1 120 $19M

Nearby 401(k) Plans in Arkansas

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

First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants Scatter plot of 6 data points. -5000000500000100000015000002000000 -10010203040 Total assets ($B) Participants First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan, Total assets ($B): 0.015054613 · Participants: 121First Western Bancshares, Inc. Employee Stock Ownership and 401(k) PlanWalmart 401(k) Plan, Total assets ($B): 36.747577034 · Participants: 1687830Walmart 401(k) PlanTyson Foods, Inc. Retirement Savings Plan, Total assets ($B): 3.240139798 · Participants: 109234Tyson Foods, Inc. Retirement Savings PlanDillard's, Inc. Investment & Employee Stock Ownership Plan, Total assets ($B): 2.448802275 · Participants: 30577Dillard's, Inc. Investment & Employee Stock Ownership PlanJ.B. Hunt Transport Services, Inc. Employee Retirement Plan, Total assets ($B): 1.120265109 · Participants: 34174J.B. Hunt Transport Services, Inc. Employee Retirement PlanWindstream 401(k) Plan, Total assets ($B): 1.09987819 · Participants: 10984Windstream 401(k) Plan
First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants
Compare First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan side-by-side with 3 peers →

First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arkansas, the nearest 401(k) by assets is Strategic Materials Employee Retirement Plan in TX ($15M); by covered participants it is Associates in Pediatric Therapy LLC 401(k) Plan in KY (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 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 Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan assets move in 2022? ▼
First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan edged up modestly - up 4.5% during 2022, from $14M to $15M. Reported net income was $653K.
How have First Western Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Western Bancshares, Inc.'s sponsor-wide assets grew 23.4%, from $15M to $19M.
Which 401(k) plans are similar in size to First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Strategic Materials Employee Retirement Plan in TX ($15M, 585 participants).
Which 401(k) plans cover a similar participant headcount to First Western Bancshares, Inc. Employee Stock Ownership and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Associates in Pediatric Therapy LLC 401(k) Plan in KY (121 participants, N/A 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 710605306.

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.