401(k) · DOL Form 5500 · 2022

First Metro Bank 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
111
Participants Small participant base
68th
Percentile by assets National rank
$103,090
Avg per participant Below avg balance/head
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Official DOL plan name: First Metro Bank 401(k) Retirement Plan · Sponsored by First Metro Bank · Alabama · Finance & Insurance

$11M in assets, 111 participants

First Metro Bank's First Metro Bank 401(k) Retirement Plan reported $11M in total assets and 111 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,738 in Finance & Insurance (9,261 peers)

Coverage in Alabama

First Metro Bank 401(k) Retirement Plan covers 111 participants in Alabama, about 31% of the average Alabama filer (state average ~360 per filing). Assets: $11M.

#4,738
in Finance & Insurance (9,261 peers)
-11.3%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$11,443,002 Top 32% higher than 68% 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 Metro Bank 401(k) Retirement 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 Metro Bank 401(k) Retirement Plan sits mid-pack in the medium band (111 participants).

EBSA filing schedule strip

Filing strip 630980487 · First Metro Bank PY 2022 · 401(k)

First Metro Bank 401(k) Retirement Plan · $11M · 111 · 68th

  • SCH $11M
  • SCH 111
  • SCH 68th
  • SCH 401(k)
  • SCH near First National Bancorp, Inc. Employee Stock Ownership Plan with 401(k) Provisions
  • SCH ind #4738

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 Alabama →

First Metro Bank 401(k) Retirement Plan in the asset neighbourhood

First Metro Bank 401(k) Retirement PlanFirst Metro Bank 401(k) Reti…$11MFirst National Bancorp, Inc. Employee Stock Ownership Plan with 401(k) ProvisionsFirst National Bancorp, Inc.…$11MAutomated Building Systems, Inc. 401(k) Profit Sharing PlanAutomated Building Systems, …$11MHewlett Automotive Employee Retirement PlanHewlett Automotive Employee …$11MOakmont Management Group LLC 401(k) PlanOakmont Management Group LLC…$11M
End-of-year total assets ($M) among First Metro Bank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Alabama filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income-$1M
Employer EIN630980487
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Metro Bank)

Sponsor-wide plan assets over time

All First Metro Bank plans reported in each filing year

Latest sponsor-wide plan assets
$13M 10.314408753926637% vs 2022
2024 filing year
$11M$11.5M$12M$12.5M$13M 202220232024 $11.4M $12.6M ▲ +10.3%
Year Plans Participants Total Assets
2022 1 111 $11M
2023 1 105 $13M
2024 1 112 $13M

Nearby 401(k) Plans in Alabama

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

First Metro Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants First Metro Bank 401(k) Retirement Plan, Total assets ($B): 0.011443002 · Participants: 111First Metro Bank 401(k) Retirement PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
First Metro Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

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

Outside Alabama, the nearest 401(k) by assets is First National Bancorp, Inc. Employee Stock Ownership Plan with 401(k) Provisions in MT ($11M); by covered participants it is Green Box Loans Inc, 401(k) Plan in CA (111 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (111 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 Metro Bank 401(k) Retirement Plan assets move in 2022?
First Metro Bank 401(k) Retirement Plan pulled back noticeably - down 11.3% during 2022, from $13M to $11M. Reported net income was -$1M.
How have First Metro Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), First Metro Bank's sponsor-wide assets grew 10.3%, from $11M to $13M.
Which 401(k) plans are similar in size to First Metro Bank 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is First National Bancorp, Inc. Employee Stock Ownership Plan with 401(k) Provisions in MT ($11M, 95 participants).
Which 401(k) plans cover a similar participant headcount to First Metro Bank 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Green Box Loans Inc, 401(k) Plan in CA (111 participants, $192K in assets).