401(k) · DOL Form 5500 · 2022

First Bank 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
126
Participants Small participant base
78th
Percentile by assets National rank
$165,380
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Savings Plan for Employees of First Bank · Sponsored by First Bank · Alaska · Finance & Insurance

$21M in assets, 126 participants

First Bank's Savings Plan for Employees of First Bank reported $21M in total assets and 126 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,993 in Finance & Insurance (9,261 peers)

Coverage in Alaska

Savings Plan for Employees of First Bank covers 126 participants in Alaska, about 26% of the average Alaska filer (state average ~481 per filing). Assets: $21M.

#5,993
in Finance & Insurance (9,261 peers)
-13.7%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Savings Plan for Employees of First Bank's outsized position by total assets

Savings Plan for Employees of First Bank vs every filed plan by assets

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

$20,837,941 Top 22% higher than 78% 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

Savings Plan for Employees of First Bank 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. Savings Plan for Employees of First Bank sits mid-pack in the medium band (126 participants).

EBSA filing schedule strip

Filing strip 920007523 · First Bank PY 2022 · 401(k)

Savings Plan for Employees of First Bank · $21M · 126 · 78th

  • ASSETS $21M
  • ASSETS 126
  • ASSETS 78th
  • ASSETS 401(k)
  • ASSETS near Ssf Imported Auto Parts LLC Profit Sharing and Incentive Plan
  • ASSETS ind #5993

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 Alaska →

Savings Plan for Employees of First Bank in the asset neighbourhood

Savings Plan for Employees of First BankSavings Plan for Employees o…$21MSsf Imported Auto Parts LLC Profit Sharing and Incentive PlanSsf Imported Auto Parts LLC …$21MDelta Computer Consulting 401(k) PlanDelta Computer Consulting 40…$21MPeoples State Bank of Prairie Du Chien 401(k) Retirement PlanPeoples State Bank of Prairi…$21MDart Bank 401(k) Employee Stock Ownership PlanDart Bank 401(k) Employee St…$21M
End-of-year total assets ($M) among Savings Plan for Employees of First Bank and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Alaska filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$21M
Net Income-$3M
Employer EIN920007523
Plan Effective Date1984-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Bank)

Sponsor-wide plan assets over time

All First Bank plans reported in each filing year

Latest sponsor-wide plan assets
$23M 9.656601868677908% vs 2022
2024 filing year
$20M$21M$22M$23M$24M 202220232024 $20.8M $22.9M ▲ +9.6%
Year Plans Participants Total Assets
2022 1 126 $21M
2023 1 124 $24M
2024 1 130 $23M

Nearby 401(k) Plans in Alaska

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

Savings Plan for Employees of First Bank vs. nearby 401(k) plans in Alaska, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.5 Total assets ($B) Participants Savings Plan for Employees of First Bank, Total assets ($B): 0.020837941 · Participants: 126Savings Plan for Employees of First BankArctic Slope Regional Corporation and Subsidiaries Employees Retirement Plan, Total assets ($B): 1.117369402 · Participants: 13757Arctic Slope Regional Corporation and Subsidiaries Employees Retirement PlanGainwell Technologies 401(k) Plan, Total assets ($B): 0.424370257 · Participants: 8051Gainwell Technologies 401(k) PlanCook Inlet Region 401(k) Retirement Plan, Total assets ($B): 0.382442976 · Participants: 4595Cook Inlet Region 401(k) Retirement PlanGci 401(k) Plan, Total assets ($B): 0.350006342 · Participants: 1825Gci 401(k) PlanBristol Bay Native Corporation 401(k) Savings Plan, Total assets ($B): 0.345903784 · Participants: 4416Bristol Bay Native Corporation 401(k) Savings Plan
Savings Plan for Employees of First Bank vs. nearby 401(k) plans in Alaska, assets vs. participants
Compare Savings Plan for Employees of First Bank side-by-side with 3 peers →

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

Outside Alaska, the nearest 401(k) by assets is Ssf Imported Auto Parts LLC Profit Sharing and Incentive Plan in CA ($21M); by covered participants it is Texas Citizens Bank, N. a. 401(k) Plan in TX (126 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (126 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 Savings Plan for Employees of First Bank assets move in 2022? ▼
Savings Plan for Employees of First Bank pulled back noticeably - down 13.7% during 2022, from $24M to $21M. Reported net income was -$3M.
How have First Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Bank's sponsor-wide assets grew 9.7%, from $21M to $23M.
Where does Savings Plan for Employees of First Bank rank by assets among Form 5500 filers? ▼
Savings Plan for Employees of First Bank ranks in the 78th 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 Savings Plan for Employees of First Bank? ▼
Among 401(k) plans in other states, the closest by assets is Ssf Imported Auto Parts LLC Profit Sharing and Incentive Plan in CA ($21M, 310 participants).
Which 401(k) plans cover a similar participant headcount to Savings Plan for Employees of First Bank? ▼
Among 401(k) plans in other states, the closest by covered participants is Texas Citizens Bank, N. a. 401(k) Plan in TX (126 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 920007523.

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.