Money Purchase · DOL Form 5500 · 2022

First National Bank Money Purchase Plan

Data updated 2026-08-11

$2M
Total assets
26
Participants
36th
Percentile by assets
$89,199
Avg per participant
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Official DOL plan name: First National Bank, Quitaque Target Benefit Pension Plan · Sponsored by First National Bank · Texas · Finance & Insurance

$2M in assets, 26 participants

First National Bank's First National Bank, Quitaque Target Benefit Pension Plan reported $2M in total assets and 26 participants in its 2022 DOL Form 5500 filing, ranking in the 36th 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.

  • 36th percentile by assets (of 139,126 plans)
  • #2,269 in Finance & Insurance (9,261 peers)

First National Bank multi-year trail

First National Bank's plans moved -36.3% in assets from 2022 to 2023; this filing shows First National Bank, Quitaque Target Benefit Pension Plan at $2M / 26 participants.

$2M
total plan assets (2022 EOY)
26
covered participants
36th
percentile by assets (of 139,126 plans)
$89,199
avg assets per participant

The plan reported a net loss of $16K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

First National Bank across 2 plan years on file

Across the 2 plan years First National Bank has on file (2022-2023), sponsor-wide plan assets have moved from $2M to $1M, a decline of 36.3%, while reported participants moved from 26 to 11 (-57.7%).

First National Bank multi-year asset trail

$1M$1.5M$2M$2.5M 20222023 $2.32M $1.48M ▼ -36.2%
Total plan assets by year, all First National Bank plans on file
Year Plans Participants Total Assets
2022 1 26 $2M
2023 1 11 $1M

First National Bank filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$16K
Employer EIN750510685
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Texas

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

First National Bank, Quitaque Target Benefit Pension Plan vs. nearby Money Purchase plans in Texas, assets vs. participants

First National Bank, Quitaque Target Benefit Pension Plan vs. nearby Money Purchase plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000500010000 -500050010001500 Total assets ($M) Participants First National Bank,…Occidental Petroleum…Alcon Retirement PlanWilliam Marsh Rice U…Apache Corporation M…Greater Texas IBEW N…
First National Bank, Quitaque Target Benefit Pension Plan vs. nearby Money Purchase plans in Texas, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to First National Bank, Quitaque Target Benefit Pension Plan by total assets, not by location.

Frequently Asked Questions

How did First National Bank, Quitaque Target Benefit Pension Plan assets move in 2022?
First National Bank, Quitaque Target Benefit Pension Plan held essentially flat - down 0.7% during 2022, from $2M to $2M. Reported net income was -$16K.
How have First National Bank plan assets changed over time?
Across 2 plan years on file (2022-2023), First National Bank's sponsor-wide assets declined 36.3%, from $2M to $1M.
Which Money Purchase plans are similar in size to First National Bank, Quitaque Target Benefit Pension Plan?
Among Money Purchase plans in other states, the closest by assets is Money Purchase Pension Plan in MD ($2M, 2 participants).

Next read for First National Bank, Quitaque Target Ben…

Multi-year trail

Ways to act on First National Bank, Quitaque Target Benefit Pension Plan's numbers.

  • By total assets, First National Bank, Quitaque Target Benefit Pension Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Texas. Compare plans
  • First National Bank's sponsor-wide assets have declined 36.3% since 2022 across 2 plan years on file. More Finance & Insurance plans