401(k) · DOL Form 5500 · 2022

First American Bank Corporation 401(k) Plan

Data updated 2026-08-25

$146M
Total assets Near avg plan size
858
Participants Near avg headcount
94th
Percentile by assets National rank
$170,130
Avg per participant Above avg balance/head
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Official DOL plan name: First American Bank Corporation Profit Sharing Plan · Sponsored by First American Bank Corporation · Illinois · Finance & Insurance

$146M in assets, 858 participants

First American Bank Corporation's First American Bank Corporation Profit Sharing Plan reported $146M in total assets and 858 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,417 in Finance & Insurance (9,261 peers)

Where First American Bank Corporation Profit Sharing Plan sits by assets

First American Bank Corporation Profit Sharing Plan sits in the top 10% of all filed plans by assets, $146M for 858 participants (~$170,130/participant), down 19.1% in 2022.

#8,417
in Finance & Insurance (9,261 peers)
-19.1%
assets change YoY
1.5×
vs typical plan assets (national mean)

The plan reported a net loss of $34M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First American Bank Corporation Profit Sharing Plan's outsized position by total assets

First American Bank Corporation Profit Sharing Plan vs every filed plan by assets

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

$145,971,439 Top 6% higher than 94% 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 American Bank Corporation Profit Sharing 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 American Bank Corporation Profit Sharing Plan sits mid-pack in the medium band (858 participants).

Plan-year Form 5500 strip

Filing strip 362782306 · First American Bank Corporation PY 2022 · 401(k)

First American Bank Corporation Profit Sharing Plan · $146M · 858 · 94th

  • PCT $146M
  • PCT 858
  • PCT 94th
  • PCT 401(k)
  • PCT near Walbec Group Retirement Plan
  • PCT ind #8417

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 Illinois →

First American Bank Corporation Profit Sharing Plan in the asset neighbourhood

Schlumberger Savings and Profit Sharing Plan for U.S. Taxpayers Employed AbroadSchlumberger Savings and Pro…$146MAtlas Roofing Corporation 401(k) Profit Sharing PlanAtlas Roofing Corporation 40…$146MFirst American Bank Corporation Profit Sharing PlanFirst American Bank Corporat…$146MWalbec Group Retirement Plan$146MNemak USA, Inc. Retirement Savings PlanNemak USA, Inc. Retirement S…$146M
End-of-year total assets ($M) among First American Bank Corporation Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$180M
Net Assets (End of Year)$146M
Net Income-$34M
Employer EIN362782306
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First American Bank Corporation)

Sponsor-wide plan assets over time

All First American Bank Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$287M 45.803557128273376% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $197M $287M ▲ +45.8%
Year Plans Participants Total Assets
2022 2 1,599 $197M
2023 2 1,618 $240M
2024 2 1,666 $287M

Nearby 401(k) Plans in Illinois

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

First American Bank Corporation Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants First American Bank Corporation Profit Sharing Plan, Total assets ($B): 0.145971439 · Participants: 858First American Bank Corporation Profit Sharing PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
First American Bank Corporation Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare First American Bank Corporation Profit Sharing Plan side-by-side with 3 peers →

First American Bank Corporation Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Walbec Group Retirement Plan in WI ($146M); by covered participants it is Jim Brown Chevrolet, Inc. Dba Classic Chevrolet 401(k) Plan in OH (858 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (858 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 American Bank Corporation Profit Sharing Plan assets move in 2022? ▼
First American Bank Corporation Profit Sharing Plan declined sharply - down 19.1% during 2022, from $180M to $146M. Reported net income was -$34M.
How have First American Bank Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First American Bank Corporation's sponsor-wide assets grew 45.8%, from $197M to $287M.
Where does First American Bank Corporation Profit Sharing Plan rank by assets among Form 5500 filers? ▼
First American Bank Corporation Profit Sharing Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to First American Bank Corporation Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Walbec Group Retirement Plan in WI ($146M, 652 participants).
Which 401(k) plans cover a similar participant headcount to First American Bank Corporation Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Jim Brown Chevrolet, Inc. Dba Classic Chevrolet 401(k) Plan in OH (858 participants, $54M 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 362782306.

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.