401(k) · DOL Form 5500 · 2022

First National Bank of South Miami 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
114
Participants Small participant base
69th
Percentile by assets National rank
$109,790
Avg per participant Below avg balance/head
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Official DOL plan name: The First National Bank of South Miami 401(k) Savings Plan · Sponsored by First National Bank of South Miami · Illinois · Finance & Insurance

$13M in assets, 114 participants

First National Bank of South Miami's The First National Bank of South Miami 401(k) Savings Plan reported $13M in total assets and 114 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,924 in Finance & Insurance (9,261 peers)

Coverage in Illinois

The First National Bank of South Miami 401(k) Savings Plan covers 114 participants in Illinois, about 15% of the average Illinois filer (state average ~779 per filing). Assets: $13M.

#4,924
in Finance & Insurance (9,261 peers)
-14.7%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The First National Bank of South Miami 401(k) Savings Plan's outsized position by total assets

The First National Bank of South Miami 401(k) Savings Plan vs every filed plan by assets

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

$12,516,037 Top 31% higher than 69% 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

The First National Bank of South Miami 401(k) Savings 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. The First National Bank of South Miami 401(k) Savings Plan sits mid-pack in the medium band (114 participants).

Published 5500 schedule card

Filing strip 590675658 · First National Bank of South Miami PY 2022 · 401(k)

The First National Bank of South Miami 401(k) Savings Plan · $13M · 114 · 69th

  • PHOTO $13M
  • PHOTO 114
  • PHOTO 69th
  • PHOTO 401(k)
  • PHOTO near Matan Holdings Corporation 401(k)
  • PHOTO ind #4924

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 →

The First National Bank of South Miami 401(k) Savings Plan in the asset neighbourhood

The First National Bank of South Miami 401(k) Savings PlanThe First National Bank of S…$13MMatan Holdings Corporation 401(k)Matan Holdings Corporation 4…$13MJarrett Enterprises 401(k) Profit Sharing PlanJarrett Enterprises 401(k) P…$13MField Payroll Retirement Plan$13MLow Income Investment Fund 401(k) PlanLow Income Investment Fund 4…$13M
End-of-year total assets ($M) among The First National Bank of South Miami 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$13M
Net Income-$2M
Employer EIN590675658
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank of South Miami)

Sponsor-wide plan assets over time

All First National Bank of South Miami plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2023 filing year
$0M$5M$10M$15M 20222023 $12.5M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 114 $13M
2023 1 141 N/A

Nearby 401(k) Plans in Illinois

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

The First National Bank of South Miami 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants The First National Bank of South Miami 401(k) Savings Plan, Total assets ($B): 0.012516037 · Participants: 114The First National Bank of South Miami 401(k) Savings 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
The First National Bank of South Miami 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare The First National Bank of South Miami 401(k) Savings Plan side-by-side with 3 peers →

The First National Bank of South Miami 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Matan Holdings Corporation 401(k) in MD ($13M); by covered participants it is Blue Ocean Realty, LLC Retirement Plan in MD (114 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (114 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 The First National Bank of South Miami 401(k) Savings Plan assets move in 2022? ▼
The First National Bank of South Miami 401(k) Savings Plan pulled back noticeably - down 14.7% during 2022, from $15M to $13M. Reported net income was -$2M.
Which 401(k) plans are similar in size to The First National Bank of South Miami 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Matan Holdings Corporation 401(k) in MD ($13M, 45 participants).
Which 401(k) plans cover a similar participant headcount to The First National Bank of South Miami 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Blue Ocean Realty, LLC Retirement Plan in MD (114 participants, $288K 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 590675658.

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.